CFCM Practice Test – Questions With Correct Solutions
With respect to proposal evaluations, solicitations for simplified acquisitions
are: Correct Answer - not required to state the relative importance of
each evaluation factor and sub factor.
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.
These are limited exchanges between the Government and offerors, that may
occur when award without discussions is contemplated: Correct Answer -
Clarifications
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 Correct Answer - Determination and Findings
With respect to proposal evaluations, solicitations for simplified acquisitions
are: Correct Answer - not required to state the relative importance of
each evaluation factor and sub factor.
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.
These are limited exchanges between the Government and offerors, that may
occur when award without discussions is contemplated: Correct Answer -
Clarifications
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 Correct Answer - Determination and Findings
