CFCM Exam Study Guide with Complete Solutions

CFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete Solutions Which of the following is NOT a reason to contract for Advisory and Assistance services? - ANSWER-Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials 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.