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CFCM Practice Test UPDATED Exam Questions and CORRECT Answers

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CFCM Practice Test UPDATED Exam Questions and CORRECT Answers With respect to proposal evaluations, solicitations for simplified acquisitions are: - CORRECT ANSWER -not required to state the relative importance of each evaluation factor and subfactor. Performance-based acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance. - CORRECT ANSWER -Incentives _______________ contracts are characterized by the employer-employee relationship it creates between the Government and the contractor's personnel. - CORRECT ANSWER -Personal

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CFCM Practice Test UPDATED Exam
Questions and CORRECT Answers
With respect to proposal evaluations, solicitations for simplified acquisitions are: - CORRECT
ANSWER -not required to state the relative importance of each evaluation factor and
subfactor.


Performance-based acquisition offers __________, which can be used to adjust payment to
reflect the degree of performance success and to motivate superior performance. - CORRECT
ANSWER -Incentives


_______________ contracts are characterized by the employer-employee relationship it creates
between the Government and the contractor's personnel. - CORRECT ANSWER -Personal


When deciding how to measure and manage performance, the contracting officer (CO) should
consider all of the following, EXCEPT: - CORRECT ANSWER -Vendor satisfaction



Which response best describes a letter contract? - CORRECT ANSWER -Normally a
brief, written preliminary contractual instrument that authorizes a contractor to begin
performance immediately.


Performance-based contracts - CORRECT ANSWER -use measurable performance
standards and quality assurance surveillance plans.


Which of the following is NOT a reason to contract for Advisory and Assistance services? -
CORRECT ANSWER -Obtain work of a policy, decision-making, or managerial nature
which is the direct responsibility of agency officials


Options for increased quantities of supplies/services may NOT be expressed in terms of -
CORRECT ANSWER -a range of quantities for various line items

, Solicitations for commercial items shall require offerors to offer the Government - CORRECT
ANSWER -the same warranty terms offered to the general public.


Who is generally responsible for determining a subcontractor's responsibility? - CORRECT
ANSWER -The prime contractor


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? - CORRECT ANSWER -Liquidated damages.


The government's preferred remedy when terminating a contract for a commercial item for cause
will be - CORRECT ANSWER -a. to acquire similar items from another contractor and to
charge the defaulted contractor with any excess reprocurement costs.


The Contract Disputes Act covers - CORRECT ANSWER -claims by a contractor against
the Government relating to a contract.


Which of the following is NOT required to be revealed during a post award debriefing? -
CORRECT ANSWER -Ranking of all offerors.



The contracting officer may accept proposal revisions during - CORRECT ANSWER -
discussions


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. - CORRECT ANSWER -Acquisition Plan



During source selection it is an acceptable practice to - CORRECT ANSWER -inform an
offeror that its price is considered too high.

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