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CFCM EXAMINATION TEST 2026 COMPLETE QUESTIONS AND ANSWERS GRADED A+

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CFCM EXAMINATION TEST 2026 COMPLETE QUESTIONS AND ANSWERS GRADED A+

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CFCM EXAMINATION TEST 2026 COMPLETE
QUESTIONS AND ANSWERS GRADED A+


● "Nondevelopmental item" means- Answer: (1) Any previously
developed item of supply used exclusively for governmental purposes by
a Federal agency, a State or local government, or a foreign government
with which the United States
has a mutual defense cooperation agreement;


(2) Any item described in paragraph (1) of this definition that requires
only minor modification or modifications of a type customarily available
in the commercial marketplace in order to meet the
requirements of the procuring department or agency; or


(3) Any item of supply being produced that does not meet the
requirements of paragraphs (1) or (2) solely because the item is not yet
in use.


● Letter Contracts and job orders issued under Basic Ordering
Agreement are examples of ___________ (FAR 2.101)? Answer:
Contracts

,● Which techniques can the govt use to minimize "buying-in"
opportunities (FAR 3.501-2)? Answer: -Multiyear Contracting
-Priced Options
-Amortization of nonrecurring costs


● What's the dollar threshold for synopsizing in GPE (FAR 5.301)?
Answer: Contract award amounts exceeding $25,000.
For awards exceeding $15,000 but less than $25,000, a public notice
display that must stay there for 10 days (or until the date of bid opening,
whichever is later.


● What's the dollar thershold for public announcement of contract
awards (FAR 5.303)? Answer: $4,000,000 (i.e., $4M)


● The specific content of acquisition plans will vary, and are influenced
primarily by which factors (FAR 7.105)? Answer: The nature,
circumstances, and stage of the acq.


● The primary objective of discussions is to [FAR 15.306(d)]? Answer:
maximize govt's ability to obtain best value based on the reqt & the eval
factors.


● What are the types of indefinite-delivery contracts [FAR 16.501-2]?
Answer: Three types:-

,definite-quantity contracts, requirements contracts, and indefinite-
quantity contracts.


The appropriate type of indefinite-delivery contract may be used to
acquire supplies and/or services when the exact times and/or exact
quantities of future deliveries are not known at the time of contract
award.


Note: (Pursuant to 10 U.S.C. 2304d and 41 U.S.C. 4101, requirements
contracts and indefinite-quantity contracts are also known as delivery-
order contracts or task-order contracts.)


● A protest concerning Small Business representation may be considered
timely if .......(FAR 19.302)? Answer: if made orally and confirmed in
writing within 5-day period.


● If the CO and the SBA area office cannot reach a resolution regarding
small business concern's ability to perform, who is empowered to make
the final decision (FAR 19.602-3)? Answer: The SBA associate
administrator for govt contracting


● When shall a contractor provide certification when submitting a claim
exceeding [FAR 33.207(a); (d)]? Answer: Anytime the claim exceeds
$100,000.
The aggregate amount of both increased and decreased costs shall be
used in determining when the dollar thresholds requiring certification.

, ● When acquiring services, 'Renewable Energy services' is an exception
to the __________________________________________ acquisition
methods [FAR 37.102(a)] Answer: Performance-based acquisition.


● "Effective date" under FAR 43.101? Answer: (1) For a solicitation
amendment, change order, or administrative change, the effective date
shall be the issue date of the amendment, change order, or administrative
change.


(2) For a supplemental agreement, the effective date shall be the date
agreed upon by the contracting parties.


(3) For a modification issued as a confirming notice of termination for
the convenience of the Government, the effective date of the confirming
notice shall be the same as the effective date of the initial notice.


(4) For a modification converting a termination for default to a
termination for the convenience of the Government, the effective date
shall be the same as the effective date of the termination for default.


(5) For a modification confirming the termination contracting officer's
previous letter determination of the amount due in settlement of a
contract termination for convenience, the effective date shall be the same
as the effective date of the previous letter determination.

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