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IIA Exam IIA-CGAP Topic 4 Question 86 Discussion

Actual exam question for IIA's IIA-CGAP exam
Question #: 86
Topic #: 4
[All IIA-CGAP Questions]

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.

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Suggested Answer: A

Contribute your Thoughts:

Bong
1 months ago
Multi-award contracts? More like 'multi-headache' contracts, am I right? This stuff is complex!
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Georgeanna
5 days ago
Multi-award contracts? Yeah, they can be a bit overwhelming.
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Hyun
7 days ago
A) subcontract, Multi-award contracts
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Effie
1 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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Johanna
22 hours ago
B) Multi-award contracts, subcontract
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Arletta
6 days ago
Haha, that pun was sub-par indeed!
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Valene
1 months ago
A) subcontract, Multi-award contracts
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Colene
2 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
1 months ago
C) Building service contract, Facilities contract
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Dottie
1 months ago
B) Multi-award contracts, subcontract
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Willie
1 months ago
A) subcontract, Multi-award contracts
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Marquetta
2 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
25 days ago
Exactly, they are similar in conditions and amounts. It's important to understand the differences.
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Dottie
28 days ago
Multi-award contracts involve giving multiple awards for certain contracts to responsible bidders.
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Arthur
30 days ago
Yes, that makes sense. Subcontracts are agreements for supplies or services under a prime contract.
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Marisha
1 months ago
I think the answer is A) subcontract, Multi-award contracts.
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Queenie
2 months ago
I agree with Darrin, A) subcontract, Multi-award contracts seems like the correct choice.
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Darrin
2 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
2 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
1 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
2 months ago
I agree, A) subcontract, Multi-award contracts is the correct answer.
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Galen
2 months ago
A) subcontract, Multi-award contracts
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