COR 2 Test Prep | Questions and Answers 100% Verified

COR 2 Test Prep | Questions and Answers 100% Verified
Question : What does it mean by "an agent of the Government
has only the actual authority, not apparent authority?
Correct answer: Government representative can not legally
commit the Government beyond the limits of his authority.
Question : Who usually has actual authority in Government
contracting?
Correct answer: Contracting Officer (CO)
Question : (p35,36,39) Acquisition planning includes...
Correct answer: Process where work/effort of all
people/personnel responsible for an acquisition are
coordinated and integrated through a plan.
Question : "Contract type" identifies which party,
Government or contractor, bears what?
Correct answer: Liability for performance problems including
subquality work,
delinquent performance,
and cost growth.

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