What type of discrepancies may arise from poor record-keeping by the COR?

Prepare for the Contracting Officer Representative Test. Utilize flashcards and multiple-choice questions with detailed hints and explanations. Get equipped for your certification exam!

Poor record-keeping by a Contracting Officer Representative (COR) can lead to financial discrepancies because accurate and timely record-keeping is essential for tracking expenditures, measuring performance, and ensuring compliance with contract terms. Without precise records, it's challenging to verify that funds are being spent appropriately, which may result in overpayments, underpayments, or even unauthorized expenditures. Such financial discrepancies can undermine the integrity of financial management and lead to potential disputes or accountability issues.

In contrast, budget savings and increased reliability are outcomes not directly associated with poor record-keeping; in fact, poor records might lead to inefficient use of resources rather than savings. Similarly, obvious contract terms are related to the clarity of the contract itself rather than the quality of record-keeping. Therefore, financial discrepancies directly connect to the implications of inadequate documentation and highlight the necessity for diligent record management in contract administration.

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