Contracting CFS 1100 Exam Questions And
Answers
What are the three branches of government and their roles? - - -
correct answer ✅Legislative- establish laws, approve President's
Budget, authorize and appropriate
Executive Branch- sign/issue executive orders, majority of
acquisition activities
Judicial Branch- interpret laws
What are the five functions of the OMB? - - -
correct answer ✅- Budget development and execution
- Management and oversight of agencies
- Coordination and review of Federal regulations from agencies
- Clearance and coordination of legislative/other materials
- Clearance of Presidential Executive Orders and memoranda
,Contracting CFS 1100 Exam Questions And
Answers
When was the OFPP established and what is their role? - - -
correct answer ✅1974, provides overall direction for government-
wide procurement policies, regulations, and procedures
What is the responsibility of the DAR Council? - - -
correct answer ✅developing and maintaining acquisition rules and
guidance
What are the major categories of acquisition? - - -
correct answer ✅- Supplies and Equipment
- Services
- Construction
- Research and Development
Define SAM, SPS, PCF, CPARS, PIEE, and WAWF - - -
correct answer ✅PCF- Paperless Contract Files - secure, web-based
virtual contracting office
, Contracting CFS 1100 Exam Questions And
Answers
CPARS- Contractor Performance Assessment Review System - self
explanatory
PIEE - Procurement Integrated Enterprise Environment - web-based
system that aid in invoicing, GPC, and KO appointments
WAWF- Wide Area Workflow - secure module in PIEE for invoicing
Define FY, obligation, and period of availability - - -
correct answer ✅FY - Fiscal Year
Obligation - act that legally binds the government to make payment
Period of Availability - appropriations available for obligation for a
limited period of time
What are the five colors of money and their period of availability? -
--
correct answer ✅- Military Personnel (MILPER) - 1 year
- Operations and Maintenance - 1 year
Answers
What are the three branches of government and their roles? - - -
correct answer ✅Legislative- establish laws, approve President's
Budget, authorize and appropriate
Executive Branch- sign/issue executive orders, majority of
acquisition activities
Judicial Branch- interpret laws
What are the five functions of the OMB? - - -
correct answer ✅- Budget development and execution
- Management and oversight of agencies
- Coordination and review of Federal regulations from agencies
- Clearance and coordination of legislative/other materials
- Clearance of Presidential Executive Orders and memoranda
,Contracting CFS 1100 Exam Questions And
Answers
When was the OFPP established and what is their role? - - -
correct answer ✅1974, provides overall direction for government-
wide procurement policies, regulations, and procedures
What is the responsibility of the DAR Council? - - -
correct answer ✅developing and maintaining acquisition rules and
guidance
What are the major categories of acquisition? - - -
correct answer ✅- Supplies and Equipment
- Services
- Construction
- Research and Development
Define SAM, SPS, PCF, CPARS, PIEE, and WAWF - - -
correct answer ✅PCF- Paperless Contract Files - secure, web-based
virtual contracting office
, Contracting CFS 1100 Exam Questions And
Answers
CPARS- Contractor Performance Assessment Review System - self
explanatory
PIEE - Procurement Integrated Enterprise Environment - web-based
system that aid in invoicing, GPC, and KO appointments
WAWF- Wide Area Workflow - secure module in PIEE for invoicing
Define FY, obligation, and period of availability - - -
correct answer ✅FY - Fiscal Year
Obligation - act that legally binds the government to make payment
Period of Availability - appropriations available for obligation for a
limited period of time
What are the five colors of money and their period of availability? -
--
correct answer ✅- Military Personnel (MILPER) - 1 year
- Operations and Maintenance - 1 year
