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IIA Exam IIA-CGAP Topic 4 Question 94 Discussion

Actual exam question for IIA's IIA-CGAP exam
Question #: 94
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

by Sanjuana at Dec 05, 2024, 05:01 PM

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Alise
16 days ago
Multi-award contracts, eh? Sounds like a fancy way of saying 'we couldn't decide, so we're giving it to everyone!'
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Cherry
2 days ago
Yeah, it's basically spreading the wealth among multiple contractors.
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Jolene
22 days ago
Haha, I'm not even going to attempt this question. Contracts and subcontracts? Sounds like a headache waiting to happen!
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Leslie
10 days ago
C) Building service contract, Facilities contract
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Jeannine
13 days ago
B) Multi-award contracts, subcontract
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Oretha
14 days ago
A) subcontract, Multi-award contracts
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Wilda
27 days ago
I agree with Georgiann, this is the correct answer. The terms are defined precisely in the question.
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Eugene
10 days ago
B) Multi-award contracts, subcontract
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Janine
16 days ago
A) subcontract, Multi-award contracts
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Georgiann
1 months ago
Definitely A) subcontract, Multi-award contracts. The question is clear on the definitions, and this option matches the descriptions provided.
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Vivan
10 days ago
It's important to understand the different types of contracts in the industry.
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William
18 days ago
Multi-award contracts can help ensure fair competition among contractors.
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Lajuana
20 days ago
Subcontracts are essential for completing large projects efficiently.
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Nu
24 days ago
I agree, A) subcontract, Multi-award contracts make sense in this context.
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Dudley
2 months ago
I agree with Destiny, subcontracting is a common practice in obtaining supplies and services.
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Cherilyn
2 months ago
A) subcontract, Multi-award contracts
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Destiny
2 months ago
I think the answer is A) subcontract, Multi-award contracts because subcontracting is common in many industries.
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