CFCM CERTIFIED FEDERAL CONTRACT
MANAGER CERTIFICATION BUNDLE 2026 AND
2027 ELITE EDITION COMPREHENSIVE TESTS
WITH COMPLETE SOLUTIONS.
◎ Which of the following contract types is prohibited by the Federal Acquisition
Regulation for federal agencies and prime contractors? ANSWER:- cost-plus-a-
percentage-of-cost
◎ The Contract Disputes statute covers ANSWER:- claims by a contractor against the
Government.
◎ Performance-based contracts ANSWER:- use measurable performance standards
and quality assurance surveillance plans.
◎ Options for increased quantities of supplies/services may NOT be expressed in
terms of ANSWER:- a range of quantities for various line items.
◎ Solicitations for commercial items shall require offerors to offer the Government
ANSWER:- the same warranty terms offered to the general public.
◎ _______________ contracts are characterized by the employer-employee
relationship it creates between the Government and the contractor's personnel.
ANSWER:- Personal services
◎ When the time of delivery or timely performance is so important that the Government
may reasonably expect to suffer damage if the delivery or performance is delinquent;
and the extent or amount of such damage would be difficult or impossible to estimate
accurately or prove, then what type of assessment may occur? ANSWER:- Liquidated
damages
◎ Which response best describes a letter contract? ANSWER:- Normally a brief, written
preliminary contractual instrument that authorizes a contractor to begin performance
immediately.
◎ What should the Contracting Officer describe in a performance work statement for a
performance-based acquisition,? ANSWER:- The work in terms of the required results.
◎ The government's preferred remedy when terminating a contract for a commercial
item for cause will be ANSWER:- to acquire similar items from another contractor and to
charge the defaulted contractor with any excess reprocurement costs.
, ◎ In terms of being a responsible government contractor, any prime contractor that
provides Government property to a subcontractor... ANSWER:- is still responsible for
the property in accordance with the terms of the prime contract.
◎ Submitting an offer below anticipated costs and expecting to increase the contract
amount after award, is called: ANSWER:- Buying-in
◎ In what FAR Part will you find rules and policy on foreign acquisitions? ANSWER:-
Part 25
◎ Contractors' arrangements to pay contingent fees for soliciting or obtaining
Government contracts have long been considered contrary to public policy because:
ANSWER:- Such arrangements may lead to attempted or actual exercise of improper
influence.
◎ A special form of written approval by an authorized official that is required by statute
or regulation as a prerequisite to taking certain contract actions is called ANSWER:-
Determination and Findings
◎ When a mistake in a contractor's bid is not discovered until after award, the mistake
may be corrected by contract modification if... ANSWER:- correcting the mistake would
be favorable to the Government without changing the essential requirements of the
specifications.
◎ These are limited exchanges between the Government and offerors, that may occur
when award without discussions is contemplated: ANSWER:- Clarifications
◎ During source selection it is an acceptable practice to: ANSWER:- inform an offeror
that its price is considered too high.
◎ A system whereby the contracting officer receives authorization from a fiscal and
accounting officer to obligate funds on purchase documents against a specified lump
sum of funds reserved for the purpose for a specified period of time rather than
obtaining individual obligation authority on each purchase document is ANSWER:- bulk
funding.
◎ What term is described by the following: The process by which efforts of all
personnel responsible for an acquisition are coordinated and integrated through a
comprehensive plan for fulfilling the agency need in a timely manner at a reasonable
cost. It includes developing the overall strategy for managing the acquisition ANSWER:-
Acquisition Planning
◎ Except for the acquisition of commercial items, agencies shall allow at least days
response time for receipt of bids or proposals from the date of issuance of a solicitation,
MANAGER CERTIFICATION BUNDLE 2026 AND
2027 ELITE EDITION COMPREHENSIVE TESTS
WITH COMPLETE SOLUTIONS.
◎ Which of the following contract types is prohibited by the Federal Acquisition
Regulation for federal agencies and prime contractors? ANSWER:- cost-plus-a-
percentage-of-cost
◎ The Contract Disputes statute covers ANSWER:- claims by a contractor against the
Government.
◎ Performance-based contracts ANSWER:- use measurable performance standards
and quality assurance surveillance plans.
◎ Options for increased quantities of supplies/services may NOT be expressed in
terms of ANSWER:- a range of quantities for various line items.
◎ Solicitations for commercial items shall require offerors to offer the Government
ANSWER:- the same warranty terms offered to the general public.
◎ _______________ contracts are characterized by the employer-employee
relationship it creates between the Government and the contractor's personnel.
ANSWER:- Personal services
◎ When the time of delivery or timely performance is so important that the Government
may reasonably expect to suffer damage if the delivery or performance is delinquent;
and the extent or amount of such damage would be difficult or impossible to estimate
accurately or prove, then what type of assessment may occur? ANSWER:- Liquidated
damages
◎ Which response best describes a letter contract? ANSWER:- Normally a brief, written
preliminary contractual instrument that authorizes a contractor to begin performance
immediately.
◎ What should the Contracting Officer describe in a performance work statement for a
performance-based acquisition,? ANSWER:- The work in terms of the required results.
◎ The government's preferred remedy when terminating a contract for a commercial
item for cause will be ANSWER:- to acquire similar items from another contractor and to
charge the defaulted contractor with any excess reprocurement costs.
, ◎ In terms of being a responsible government contractor, any prime contractor that
provides Government property to a subcontractor... ANSWER:- is still responsible for
the property in accordance with the terms of the prime contract.
◎ Submitting an offer below anticipated costs and expecting to increase the contract
amount after award, is called: ANSWER:- Buying-in
◎ In what FAR Part will you find rules and policy on foreign acquisitions? ANSWER:-
Part 25
◎ Contractors' arrangements to pay contingent fees for soliciting or obtaining
Government contracts have long been considered contrary to public policy because:
ANSWER:- Such arrangements may lead to attempted or actual exercise of improper
influence.
◎ A special form of written approval by an authorized official that is required by statute
or regulation as a prerequisite to taking certain contract actions is called ANSWER:-
Determination and Findings
◎ When a mistake in a contractor's bid is not discovered until after award, the mistake
may be corrected by contract modification if... ANSWER:- correcting the mistake would
be favorable to the Government without changing the essential requirements of the
specifications.
◎ These are limited exchanges between the Government and offerors, that may occur
when award without discussions is contemplated: ANSWER:- Clarifications
◎ During source selection it is an acceptable practice to: ANSWER:- inform an offeror
that its price is considered too high.
◎ A system whereby the contracting officer receives authorization from a fiscal and
accounting officer to obligate funds on purchase documents against a specified lump
sum of funds reserved for the purpose for a specified period of time rather than
obtaining individual obligation authority on each purchase document is ANSWER:- bulk
funding.
◎ What term is described by the following: The process by which efforts of all
personnel responsible for an acquisition are coordinated and integrated through a
comprehensive plan for fulfilling the agency need in a timely manner at a reasonable
cost. It includes developing the overall strategy for managing the acquisition ANSWER:-
Acquisition Planning
◎ Except for the acquisition of commercial items, agencies shall allow at least days
response time for receipt of bids or proposals from the date of issuance of a solicitation,
