Federal Acquisition Regulation Quiz

What does FAR stand for?

• Federal Accounting Rules

• Federal Acquisition Regulation

• Federal Acquisition Report

• Federal Administrative Resources

Which part of FAR deals with 'Improper Business Practices and Personal Conflicts of Interest'?

• Part 5

• Part 7

• Part 3

• Part 9

What is the focus of Part 12 in the FAR?

• Publicizing Contract Actions

• Contractor Qualifications

• Acquisition of Commercial Products and Commercial Services

• Market Research

Which part of the FAR is reserved and does not contain any regulations?

• Part 20

• Part 22

• Part 24

• Part 26

What is the effective date of the FAR update with FAC Number 2024-07?

• 07/01/2024

• 09/30/2024

• 10/04/2024

• 08/15/2024

Which part of the FAR addresses 'Contract Modifications'?

• Part 49

• Part 47

• Part 45

• Part 43

What does the acronym DFARS stand for?

• Department of Federal Administrative Resources

• Defense Federal Accounting and Reporting Standards

• Department of Federal Acquisition Regulation Standards

• Defense Federal Acquisition Regulation Supplement

Which part of the FAR deals with 'Quality Assurance'?

• Part 40

• Part 42

• Part 44

• Part 46

What is the main purpose of the 'Acquisition Regulation Comparator (ARC)' tool?

• To compare different acquisition regulations

• To archive old regulations

• To provide training on acquisition systems

• To search for acquisition data

Which part of the FAR is concerned with 'Emergency Acquisitions'?

• Part 14

• Part 18

• Part 16

• Part 12