IIA Exam IIA-CGAP Topic 4 Question 86 Discussion

Actual exam question for IIA's IIA-CGAP exam

Question #: 86
Topic #: 4

A ________ is a contract or contractual action entered into by a prime contractor or subcontractor for the purpose of obtaining supplies, materials, equipment, or services of any kind under a prime contract. Where as in ______________ multiple awards are given for certain contracts to more than one responsible bid. Generally, the contracts are similar in conditions and amounts.

Asubcontract, Multi-award contracts

BMulti-award contracts, subcontract

CBuilding service contract, Facilities contract

DProfessional and consultant services, Transportation term contracts

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Suggested Answer: A

by Chanel at Sep 07, 2024, 03:03 PM

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Bong

4 months ago

Multi-award contracts? More like 'multi-headache' contracts, am I right? This stuff is complex!

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Pedro

2 months ago

B) Multi-award contracts, subcontract

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Georgeanna

3 months ago

Multi-award contracts? Yeah, they can be a bit overwhelming.

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Hyun

3 months ago

A) subcontract, Multi-award contracts

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Effie

4 months ago

Haha, this question is a real 'sub-par' challenge. Get it? Sub-contract? Sorry, I couldn't resist the pun!

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Hillary

2 months ago

D) Professional and consultant services, Transportation term contracts

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Lanie

2 months ago

Nice try with the pun, but let's focus on the question!

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Phuong

2 months ago

C) Building service contract, Facilities contract

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Daryl

2 months ago

I see what you did there with the pun!

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Johanna

2 months ago

B) Multi-award contracts, subcontract

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Arletta

3 months ago

Haha, that pun was sub-par indeed!

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Valene

3 months ago

A) subcontract, Multi-award contracts

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Colene

4 months ago

Hmm, I'm not so sure about that. The question is a bit tricky. I might have to review my notes on government contracting terminology.

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Lamonica

4 months ago

C) Building service contract, Facilities contract

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Dottie

4 months ago

B) Multi-award contracts, subcontract

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Willie

4 months ago

A) subcontract, Multi-award contracts

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Marquetta

4 months ago

I agree with Earnestine. The definition of a subcontract and multi-award contracts match the first part of the question.

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Elfriede

3 months ago

Exactly, they are similar in conditions and amounts. It's important to understand the differences.

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Dottie

3 months ago

Multi-award contracts involve giving multiple awards for certain contracts to responsible bidders.

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Arthur

3 months ago

Yes, that makes sense. Subcontracts are agreements for supplies or services under a prime contract.

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Marisha

3 months ago

I think the answer is A) subcontract, Multi-award contracts.

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Queenie

4 months ago

I agree with Darrin, A) subcontract, Multi-award contracts seems like the correct choice.

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Darrin

4 months ago

I think the answer is A) subcontract, Multi-award contracts because it makes sense in the context of the question.

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Earnestine

4 months ago

I think the correct answer is A) subcontract, Multi-award contracts. A subcontract is a contract entered into by a prime contractor, while multi-award contracts involve multiple awards for certain contracts.

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Vernice

4 months ago

Yes, subcontract is for obtaining supplies under a prime contract, and multi-award contracts involve giving awards to multiple responsible bids.

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Vernice

4 months ago

I agree, A) subcontract, Multi-award contracts is the correct answer.

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Galen

5 months ago

A) subcontract, Multi-award contracts

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