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CFCM PREP EXAMINATION SET 2026 COMPLETE QUESTIONS AND ANSWERS

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CFCM PREP EXAMINATION SET 2026 COMPLETE QUESTIONS AND ANSWERS

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CFCM PREP EXAMINATION SET 2026
COMPLETE QUESTIONS AND ANSWERS

◉ First Article testing and approval is NOT normally required for:
a. Products requiring qualification before award
b. Items that will serve as a manufacturing standard
c. Items described by a performance specification
d. New products
Answer: a. Products requiring qualification before award
FAR 9.304


◉ Which of these Government supply sources has the highest
priority for services?
a. Commercial non-profit institutions
b. Federal Prison Industries, Inc.
c. People who are blind or severely disabled procurement list
d. The General Services Administration (GSA)
Answer: c. People who are blind or severely disabled procurement
list
FAR 8.002

,◉ Which of these government supply sources has the highest
priority for supplies?
a. The General Services Administration (GSA)
b. Commercial non-profit institutions
c. Federal Prison Industries, Inc.
d. People who are blind or severely disabled
Answer: c. Federal Prison Industries, Inc.
FAR 8.002


◉ The Federal Supply Schedule Program is also known as the:
a. Central Contractor Registry (CCR)
b. E-Buy Program
c. Source-Supply List (SSL)
d. Multiple Award Schedule Program
Answer: d. Multiple Award Schedule Program
FAR 8.402


◉ _______________ is an online shopping service through which
ordering activities may search specific information (national stock
number, part number, common name), review delivery options and
place orders directly with schedule contractors
a. E-Buy
b. FedBizOps

,c. GSA Advantage!
d. Federal Supply Schedule (FSS)
Answer: c. GSA Advantage!
FAR 8.402


◉ When identical supplies or services are on the Procurement List
issued by Federal Prison Industries, Inc. that is on the Procurement
List issued by AbilityOne, what is the priority for ordering services?
a. Commercial sources
b. Federal Prison Industries, Inc.
c. General Services Administration (GSA)
d. AbilityOne participating nonprofit agencies
Answer: d. AbilityOne participating nonprofit agencies
FAR 8.704


◉ When must contracting officers synopsize contract awards?
a. When contract awards exceed $25,000
b. When contract awards exceed $15,000
c. When contract awards exceed $30,000
d. When contract awards exceed $20,000
Answer: a. When contract awards exceed $25,000
FAR 5.3

, ◉ When should acquisition planning begin?
a. Acquisition planning should begin when the Government wants to
obtain a specific supply and/or service.
b. Acquisition planning should begin once the procurement request
is made to the Contracting Officer.
c. Acquisition planning should begin at the start of the fiscal year.
d. Acquisition planning should begin as soon as the agency need is
identified.
Answer: d. Acquisition planning should begin as soon as the agency
need is identified.
FAR 7.104


◉ Which of the following is NOT a potential organizational conflict
of interest?
a. A contractor gains an unfair competitive advantage due to
required access to proprietary information.
b. A contractor prepares and furnishes specifications or work
statements that favor its own products or capabilities.
c. A contractor's contract for the evaluation of offers for products or
services includes evaluation of its own offer for products or services
or those of a competitor.
d. An incumbent contractor submits a proposal for a follow-on or
renewal contract.

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