CFCM Practice Test QUESTIONS AND ANSWERS 100% ACCURATE.
____ is any money, fee, commission, credit, gift, gratuity, thing of value, or compensation of any
kind which is provided directly or indirectly, to any prime contractor, prime contractor
employee, subcontractor, or subcontractor employee for the purpose of improperly obtaining or
rewarding favorable treatment in connection with a prime contractor in connection with a
subcontract relating to a prime contract - Kickback
A contract with a corporation shall be signed by - in the corporate name, followed by the word
"by" and the signature and title of the person authorized to sign
Contractors must retain all records pertaining to a government contract for a minimum or __
years - 3 years from the date of final payment, unless otherwise specified
Contractor representations and certifications - are submitted through the System for Award
Management
Agencies must implement OMB guidance for personal identity verification when - contractors
have routine physical access to either a federally controlled facility or information system.
Dollar threshold for public announcement of contract awards - $4,000,000
Acceptable methods for disseminating information on proposed contract actions include -
announcements in magazines at no cost, assisting a local trade association in disseminating
information to their members, and synopsis in the government wide point of entry
What is the minimum response time for receipt of bids or proposals for noncommercial item
solicitations - 30 days from the date of publication of a proper notice of intent to contract
The contracting officer's certification can serve as approval of the justification for other than full
and open competition for a proposed contract NOT exceeding - $700,000
FAR Part 6, "Competition Requirements," applies to which of the following? - A $1M contract
for services
The contracting officer may use competitive proposals in lieu of sealed bids if - it is necessary to
conduct discussions
If other than full and open competition is anticipated, the acquisition plan must be coordinated
with the cognizant - competition advocate
Acquisition planning should begin - as soon as the agency need is identified
The specific content of acquisition plans will vary, and are influenced primarily by which factors
- the nature, circumstances, and stage of the acquired
, Market research may indicate that bundling is necessary and justified if - the gov would derive
mesurably substantial benefits
The Federal Supply Schedule program provides federal agencies with a simplified process for
obtaining commonly used commercial supplies and services at prices associated with volume
buying. It is directed and managed by the - GSA
Which of the following is the name of GSA's electronic system that allows ordering activities to
post requirements, obtain quotes, and issue orders electronically? - ebuy
In the event that the Federal Prison Industries (FPI) and nonprofit agencies participating in the
AbilityOne program produce identification services, the ordering offices shall purchase services
from the following sources based on priority. Identify the source that has 1st priority. -
AbilityOne participating nonprofit organizations
Normally, testing and approval is appropriate in contracts for - products requiring an approved
first article to serve as a manufacturing standard
A qualification requirement is a government requirement for - testing or other quality assurance
demonstration that must be completed before award
The names and addresses of all suspended contractors may be found at the - System for Award
Management Exclusions
Agencies are required to use the results of market research to determine - The extent to which
commercial items or non developmental items could satisfy the need
If market research indicates that neither commercial items nor nondevelopmental items are
available to satisfy the agency needs, agencies - must reeveluate the need and determine whether
it can be restated to permit commercial or nondevelopmenal items to satisfy them.
Within what time frame may previously conducted market research be used before the award of
a task or delivery order - Within 18 months if if the info is still current, accurate, and relvant
Contract delivery or performance schedules may be expressed by - the specific number of days
from the date of the contract
To the maximum extent practicable, acquisition officials should state all of the following
requirements with respect to an acquisition of supplies or services, with the exception of -
preference for commerical or nondevelopmenal items
**They should state: functions, performance required, and physical characteristics
A contractor is awarded 4 separate contracts on the same day.
- One contract is rated "DO" and has a final delivery date (FDD) in 60 days
____ is any money, fee, commission, credit, gift, gratuity, thing of value, or compensation of any
kind which is provided directly or indirectly, to any prime contractor, prime contractor
employee, subcontractor, or subcontractor employee for the purpose of improperly obtaining or
rewarding favorable treatment in connection with a prime contractor in connection with a
subcontract relating to a prime contract - Kickback
A contract with a corporation shall be signed by - in the corporate name, followed by the word
"by" and the signature and title of the person authorized to sign
Contractors must retain all records pertaining to a government contract for a minimum or __
years - 3 years from the date of final payment, unless otherwise specified
Contractor representations and certifications - are submitted through the System for Award
Management
Agencies must implement OMB guidance for personal identity verification when - contractors
have routine physical access to either a federally controlled facility or information system.
Dollar threshold for public announcement of contract awards - $4,000,000
Acceptable methods for disseminating information on proposed contract actions include -
announcements in magazines at no cost, assisting a local trade association in disseminating
information to their members, and synopsis in the government wide point of entry
What is the minimum response time for receipt of bids or proposals for noncommercial item
solicitations - 30 days from the date of publication of a proper notice of intent to contract
The contracting officer's certification can serve as approval of the justification for other than full
and open competition for a proposed contract NOT exceeding - $700,000
FAR Part 6, "Competition Requirements," applies to which of the following? - A $1M contract
for services
The contracting officer may use competitive proposals in lieu of sealed bids if - it is necessary to
conduct discussions
If other than full and open competition is anticipated, the acquisition plan must be coordinated
with the cognizant - competition advocate
Acquisition planning should begin - as soon as the agency need is identified
The specific content of acquisition plans will vary, and are influenced primarily by which factors
- the nature, circumstances, and stage of the acquired
, Market research may indicate that bundling is necessary and justified if - the gov would derive
mesurably substantial benefits
The Federal Supply Schedule program provides federal agencies with a simplified process for
obtaining commonly used commercial supplies and services at prices associated with volume
buying. It is directed and managed by the - GSA
Which of the following is the name of GSA's electronic system that allows ordering activities to
post requirements, obtain quotes, and issue orders electronically? - ebuy
In the event that the Federal Prison Industries (FPI) and nonprofit agencies participating in the
AbilityOne program produce identification services, the ordering offices shall purchase services
from the following sources based on priority. Identify the source that has 1st priority. -
AbilityOne participating nonprofit organizations
Normally, testing and approval is appropriate in contracts for - products requiring an approved
first article to serve as a manufacturing standard
A qualification requirement is a government requirement for - testing or other quality assurance
demonstration that must be completed before award
The names and addresses of all suspended contractors may be found at the - System for Award
Management Exclusions
Agencies are required to use the results of market research to determine - The extent to which
commercial items or non developmental items could satisfy the need
If market research indicates that neither commercial items nor nondevelopmental items are
available to satisfy the agency needs, agencies - must reeveluate the need and determine whether
it can be restated to permit commercial or nondevelopmenal items to satisfy them.
Within what time frame may previously conducted market research be used before the award of
a task or delivery order - Within 18 months if if the info is still current, accurate, and relvant
Contract delivery or performance schedules may be expressed by - the specific number of days
from the date of the contract
To the maximum extent practicable, acquisition officials should state all of the following
requirements with respect to an acquisition of supplies or services, with the exception of -
preference for commerical or nondevelopmenal items
**They should state: functions, performance required, and physical characteristics
A contractor is awarded 4 separate contracts on the same day.
- One contract is rated "DO" and has a final delivery date (FDD) in 60 days
