CERTIFIED FEDERAL CONTRACTS MANAGER (CFCM)
CERTIFIED FEDERAL CONTRACTS MANAGER (CFCM) 1. A cost is reasonable if, in its nature and amount, it does not exceed: that which would be incurred by a prudent person in the conduct of competitive business. 2. Advance Agreements should not be negotiated: after the incurrence of the costs involved. 3. Under the Assignment of Claims Act, a contractor may assign moneys due or to become due under a contract if it meets all but which of the following?- : The contract specifies payments aggregating $100,000 or more. 4. Individuals delegated micro-purchase authority do not need to be: appointed in an SF 1402
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