CFCM Practice Test Questions 2025/2026
Exam All Answers and Illustrations
Given
How often are statutory acquisition-related dollar thresholds in the FAR adjusted
for inflation? - 🧠ANSWER ✔✔Every 5 years
A form of written approval signed by an authorized official that is required by
statute or regulation as a prerequisite to taking certain contract actionsi s defined as
a - 🧠ANSWER ✔✔determination and findings
Contracting officers below the level of ___ shall be selected and appointed -
🧠ANSWER ✔✔a head of a contracting activity
According to the FAR conventions at Subpart 1.1, each authority is delegable
unless - 🧠ANSWER ✔✔specifically stated otherwise
When an imperative sentence directs action in the FAR, who is responsible for the
action unless another party is expressly cited? - 🧠ANSWER ✔✔the CO
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,Unauthorized commitments are agreements that are NOT binding solely because -
🧠ANSWER ✔✔the government representative who made the agreement lacked the
authority to enter into it
The simplified acquisition threshold for any contract in support of contingency
operations to be awarded and performed, or purchase to be made, outside of the
united states is - 🧠ANSWER ✔✔1 million
Commercial Item - 🧠ANSWER ✔✔A non developmental item, if the procuring
agency determines the item was developed exclusively at private expense and sold
in substantial quantities, on a competitive basis, to multiple state and local
governments
Consolidating 2 or more requirements for supplies or services, previosuly provided
or performed under seperate smaller contracts, into a solicitation for a single
contract that is likely to be unsuitable for award to a small business concern is
defined as - 🧠ANSWER ✔✔bundling
Which of the following are included in the definitions of "contracts" - 🧠ANSWER
✔✔letter contracts and job orders
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
,The government can minimize the opportunity for buying in by using which of the
following techniques - 🧠ANSWER ✔✔multiyear contracting, priced options, and
amortization of nonrecurring costs
A contractor's arrangements to pay contingent fees for soliciting government
contracts have long been considered contrary to public policy because -
🧠ANSWER ✔✔they may lead to exercise of improper influence
____ 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 - 🧠ANSWER ✔✔Kickback
A contract with a corporation shall be signed by - 🧠ANSWER ✔✔in the corporate
name, followed by the word "by" and the signature and title of the person
authorized to sign
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
, Contractors must retain all records pertaining to a government contract for a
minimum or __ years - 🧠ANSWER ✔✔3 years from the date of final payment,
unless otherwise specified
Contractor representations and certifications - 🧠ANSWER ✔✔are submitted
through the System for Award Management
Agencies must implement OMB guidance for personal identity verification when -
🧠ANSWER ✔✔contractors have routine physical access to either a federally
controlled facility or information system.
Dollar threshold for public announcement of contract awards - 🧠ANSWER
✔✔$4,000,000
Acceptable methods for disseminating information on proposed contract actions
include - 🧠ANSWER ✔✔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
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 4
STATEMENT. ALL RIGHTS RESERVED
Exam All Answers and Illustrations
Given
How often are statutory acquisition-related dollar thresholds in the FAR adjusted
for inflation? - 🧠ANSWER ✔✔Every 5 years
A form of written approval signed by an authorized official that is required by
statute or regulation as a prerequisite to taking certain contract actionsi s defined as
a - 🧠ANSWER ✔✔determination and findings
Contracting officers below the level of ___ shall be selected and appointed -
🧠ANSWER ✔✔a head of a contracting activity
According to the FAR conventions at Subpart 1.1, each authority is delegable
unless - 🧠ANSWER ✔✔specifically stated otherwise
When an imperative sentence directs action in the FAR, who is responsible for the
action unless another party is expressly cited? - 🧠ANSWER ✔✔the CO
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,Unauthorized commitments are agreements that are NOT binding solely because -
🧠ANSWER ✔✔the government representative who made the agreement lacked the
authority to enter into it
The simplified acquisition threshold for any contract in support of contingency
operations to be awarded and performed, or purchase to be made, outside of the
united states is - 🧠ANSWER ✔✔1 million
Commercial Item - 🧠ANSWER ✔✔A non developmental item, if the procuring
agency determines the item was developed exclusively at private expense and sold
in substantial quantities, on a competitive basis, to multiple state and local
governments
Consolidating 2 or more requirements for supplies or services, previosuly provided
or performed under seperate smaller contracts, into a solicitation for a single
contract that is likely to be unsuitable for award to a small business concern is
defined as - 🧠ANSWER ✔✔bundling
Which of the following are included in the definitions of "contracts" - 🧠ANSWER
✔✔letter contracts and job orders
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
,The government can minimize the opportunity for buying in by using which of the
following techniques - 🧠ANSWER ✔✔multiyear contracting, priced options, and
amortization of nonrecurring costs
A contractor's arrangements to pay contingent fees for soliciting government
contracts have long been considered contrary to public policy because -
🧠ANSWER ✔✔they may lead to exercise of improper influence
____ 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 - 🧠ANSWER ✔✔Kickback
A contract with a corporation shall be signed by - 🧠ANSWER ✔✔in the corporate
name, followed by the word "by" and the signature and title of the person
authorized to sign
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
, Contractors must retain all records pertaining to a government contract for a
minimum or __ years - 🧠ANSWER ✔✔3 years from the date of final payment,
unless otherwise specified
Contractor representations and certifications - 🧠ANSWER ✔✔are submitted
through the System for Award Management
Agencies must implement OMB guidance for personal identity verification when -
🧠ANSWER ✔✔contractors have routine physical access to either a federally
controlled facility or information system.
Dollar threshold for public announcement of contract awards - 🧠ANSWER
✔✔$4,000,000
Acceptable methods for disseminating information on proposed contract actions
include - 🧠ANSWER ✔✔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
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 4
STATEMENT. ALL RIGHTS RESERVED
