CON 2370 Simplified Acquisition
Procedures Exam All Questions and
Answers Updated 2023-2024
You are the contracting officer for a firm-fixed price supply contract valued at
$195,400. Which one of the following statements about contract closeout is correct?
CORRECT ANSWER The contract is considered closed once you receive
evidence of receipt of property and final payment.
Which of the following statements is true regarding the policies for the use of
simplified acquisition procedures (SAP)? CORRECT ANSWER Purchases shall
be made in the simplified manner that is most suitable to the circumstances of the
acquisition.
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