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Compliance & Governance Flashcards

7 cards from real FSO practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Compliance & Governance flashcards as text
  1. Which regulation codifies NISPOM requirements for contractors?

    Answer: 32 CFR Part 117

    32 CFR Part 117 is the NISPOM rule that governs cleared contractors.

  2. Which form is used to report a company's foreign ownership, control, or influence factors?

    Answer: SF 328

    SF 328, Certificate Pertaining to Foreign Interests, is used for FOCI reporting.

  3. Which document tells a contractor the classification level and requirements for a specific classified contract?

    Answer: DD Form 254

    The DD 254 provides contract security classification specifications.

  4. Which executive order established the National Industrial Security Program?

    Answer: EO 12829

    EO 12829 created the NISP to safeguard classified information held by industry.

  5. Which individuals must be cleared in connection with the facility clearance, at a minimum?

    Answer: SMO, FSO, and ITPSO

    The senior management official, FSO, and ITPSO must be cleared to the FCL level.

  6. A board resolution is typically used for FOCI mitigation when the foreign owner:

    Answer: Does not own enough voting interest to elect a board member

    A board resolution fits minority foreign interest without right to board representation.

  7. Which agency acts as the cognizant security office for most DoD cleared contractors?

    Answer: DCSA

    DCSA oversees industrial security compliance for DoD cleared contractors.

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