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Exam (elaborations)

Blake's FCCM Test Bank UPDATED ACTUAL Exam Questions and CORRECT Answers

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Blake's FCCM Test Bank UPDATED ACTUAL Exam Questions and CORRECT Answers Agency employees with the power to make purchases exceeding $35,000 are required to file a Limited Financial Disclosure (FORM 1) by ______ to the Commission on Ethics. - CORRECT ANSWER - July 1 Which of the following is TRUE about the Code of Ethics? The Code has standards that apply to agency employees and their families_______ - CORRECT ANSWER beyond their period of employment. - and can extend Alternate contract source, single source, PRIDE, and RESPECT are all examples of which category of purchase? - CORRECT ANSWER - Exceptional purchas

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Uploaded on
March 25, 2025
Number of pages
18
Written in
2024/2025
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Blake's FCCM Test Bank UPDATED
ACTUAL Exam Questions and CORRECT
Answers
Agency employees with the power to make purchases exceeding $35,000 are required to file a
Limited Financial Disclosure (FORM 1) by ______ to the Commission on Ethics. - CORRECT
ANSWER - July 1


Which of the following is TRUE about the Code of Ethics? The Code has standards that apply to
agency employees and their families_______ - CORRECT ANSWER - and can extend
beyond their period of employment.


Alternate contract source, single source, PRIDE, and RESPECT are all examples of which
category of purchase? - CORRECT ANSWER - Exceptional purchase


A contract for services that pays the provider a set amount for each hour worked is an example of
which payment method? - CORRECT ANSWER - Fixed rate


Each method of competitive solicitation has a different focus. For a Request for Proposals (RFP),
the focus is on__________ - CORRECT ANSWER - price, plus quality


Which statement below is TRUE about Forms PUR 1000 "General Contract Conditions" and
PUR 1001 "General Instructions to Respondents" for all competitive procurements? - CORRECT
ANSWER - Both forms must be used.


If the solicitation is a Category __ or higher, the agency head is required to appoint at least 3
members to the negotiation team. - CORRECT ANSWER - Category Four: $195,000


The Florida Statutes require notices of public meetings in the ________ and on the agency's
website at least 7 days prior to the meeting. - CORRECT ANSWER - Florida
Administrative Register (FAR)

,Which two methods can be used to respond to vendor questions while a solicitation is active? -
CORRECT ANSWER - Written question and answer period; pre-response conference


Performing a cost analysis is _____ for all agreements awarded on a non-competitive basis. -
CORRECT ANSWER - legally required


Vendor Y has filed a written notice of protest with Agency X. How long does Vendor Y have to
officially file the formal written protest with Agency X? - CORRECT ANSWER - 10 days


Which of the following BEST describes the Deliverables and Performance Measures that must
be included in a contract? - CORRECT ANSWER - Quantifiable, measurable, verifiable,
and must be received and accepted in writing before payment is issued.


At a minimum, before a contract in excess of $65,000
(Category Three) is executed, all of the following reviews must be conducted EXCEPT a
_______ review. - CORRECT ANSWER - Political


An example of a financial consequence would be specifying which of the following in the
contract? - CORRECT ANSWER - A reduction of payment for non performance.


According to section 287.057, Florida Statutes, serving as liaison to the provider is a
responsibility of the contract _________ - CORRECT ANSWER - Manager


Invoices, certified receipts, voucher copies, and expenditure tracking can be best categorized as
examples

of ______ documentation. - CORRECT ANSWER - Payment


The provider on-boarding meeting is ____ ____ to add additional requirements to the contract's
Scope of Work. - CORRECT ANSWER - Never used

, _______ monitoring involves tasks such as determining whether state funds are accounted for,
ensuring that interest earned was reported correctly, sampling receipts to ensure expenditures
match reports and comparing expenses from one year to the next. - CORRECT
ANSWER - Fiscal


________ are used by contract managers to interview staff, review personnel and fiscal records,
and witness provider operations first hand. - CORRECT ANSWER - Onsite observations


________ are required for all agreements for contractual services in excess of $35,000 (Category
Two) and all agreements of any amount that provide state or federal financial assistance. -
CORRECT ANSWER - Financial consequences and a Cost Analysis


You manage a contract for office supplies. You have received the supplies you ordered including
a complete and accurate invoice for those supplies. According to section 215.422(1), Florida
Statutes, how many days does your agency have to file the invoice with the Chief Financial
Officer? - CORRECT ANSWER - 20 Days


_______ are an increase in the length of an original contract that may not exceed 6 months. -
CORRECT ANSWER - Extensions


When closing out a contract, the contract manager must verify that certain items have been
submitted and accepted, EXCEPT for _______ - CORRECT ANSWER - next year's
funding appropriation


Which method of competitive solicitation would someone want to use when the focus is on price
plus quality? - CORRECT ANSWER - Request for Proposal


Which document is generally included in a competitive solicitation? - CORRECT
ANSWER - Scope of Work


Which purchasing category is required to have at least three people be assigned to an evaluation
or negotiation team? - CORRECT ANSWER - Category 4 ($195.000)

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