CFCM FINAL EXAM 2025/2026 BANK 2
VERSIONS AND A STUDY GUIDE
CURRENTLY TESTING COMPLETE
EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT
ANSWERS) EXPERTLY RESERCHED
GRADE A+ GUARANTEED
Consolidating two or more requirements for supplies or
services, previously provided or performed under separate
small contracts, into a solicitation for a single contract that
is likely to be unsuitable for award to a small business
concern is defined as
a. combining
b. consolidating
c. bundling
d. mixing - ....ANSWER...c. bundling
FAR 2.101
1
,Which of the following are included in the definition of
"contracts"?
a. awards and notices of awards and grants
b. letter contracts and cooperative agreements
c. letter contracts and job orders
d. blanket purchase agreements and imprest funds -
....ANSWER...c. letter contracts and job orders
FAR 2.101
The government can minimize the opportunity for "buying
in" by using which of the following techniques:
a. simplified acquisition procedures
b. priced options, amortization of nonrecurring costs, and
simplified acquisition procedures
c. simplified acquisition procedures, costs, and multiyear
contracting
d. multiyear contracting, priced options, and amortization
of nonrecurring costs. - ....ANSWER...d. multiyear
contracting, priced options, and amortization of
2
,nonrecurring costs.
FAR 3.501-2
A contractor's arrangements to pay contingent fees for
soliciting government contracts have long been considered
contrary to public policy because
a. they discourage competition.
b. they may lead to exercise of improper influence.
c. they result in excessive overhead costs.
d. accountability of costs is difficult to track. -
....ANSWER...b. they may lead to exercise of improper
influence.
FAR 3.402
How does the government relieve contractors of liability for
loss or damage to property of the government that occurs
after acceptance or results from defects or deficiencies?
3
, a. by acting as a self-insurer.
b. by the contracting officer designating any item with a
unit cost greater than $100,000 as a high value item for
which the contractor is not liable.
c. by relieving the contractor of liability for loss or damage
to all contract end items.
4
VERSIONS AND A STUDY GUIDE
CURRENTLY TESTING COMPLETE
EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT
ANSWERS) EXPERTLY RESERCHED
GRADE A+ GUARANTEED
Consolidating two or more requirements for supplies or
services, previously provided or performed under separate
small contracts, into a solicitation for a single contract that
is likely to be unsuitable for award to a small business
concern is defined as
a. combining
b. consolidating
c. bundling
d. mixing - ....ANSWER...c. bundling
FAR 2.101
1
,Which of the following are included in the definition of
"contracts"?
a. awards and notices of awards and grants
b. letter contracts and cooperative agreements
c. letter contracts and job orders
d. blanket purchase agreements and imprest funds -
....ANSWER...c. letter contracts and job orders
FAR 2.101
The government can minimize the opportunity for "buying
in" by using which of the following techniques:
a. simplified acquisition procedures
b. priced options, amortization of nonrecurring costs, and
simplified acquisition procedures
c. simplified acquisition procedures, costs, and multiyear
contracting
d. multiyear contracting, priced options, and amortization
of nonrecurring costs. - ....ANSWER...d. multiyear
contracting, priced options, and amortization of
2
,nonrecurring costs.
FAR 3.501-2
A contractor's arrangements to pay contingent fees for
soliciting government contracts have long been considered
contrary to public policy because
a. they discourage competition.
b. they may lead to exercise of improper influence.
c. they result in excessive overhead costs.
d. accountability of costs is difficult to track. -
....ANSWER...b. they may lead to exercise of improper
influence.
FAR 3.402
How does the government relieve contractors of liability for
loss or damage to property of the government that occurs
after acceptance or results from defects or deficiencies?
3
, a. by acting as a self-insurer.
b. by the contracting officer designating any item with a
unit cost greater than $100,000 as a high value item for
which the contractor is not liable.
c. by relieving the contractor of liability for loss or damage
to all contract end items.
4
