CFCM Practice Test Exam with Concrete
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How often are statutory acquisition-related dollar thresholds in the
FAR adjusted for inflation?
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
determination and findings
Contracting officers below the level of ___ shall be selected and
appointed
a head of a contracting activity
According to the FAR conventions at Subpart 1.1, each authority is
delegable unless
specifically stated otherwise
When an imperative sentence directs action in the FAR, who is
responsible for the action unless another party is expressly cited?
the CO
Unauthorized commitments are agreements that are NOT binding
solely because
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
,1 million
Commercial Item
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
bundling
Which of the following are included in the definitions of "contracts"
letter contracts and job orders
The government can minimize the opportunity for buying in by using
which of the following techniques
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
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
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
Questions and Solid Answers / Get It
100% Correct Answers /Already Graded
A+
How often are statutory acquisition-related dollar thresholds in the
FAR adjusted for inflation?
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
determination and findings
Contracting officers below the level of ___ shall be selected and
appointed
a head of a contracting activity
According to the FAR conventions at Subpart 1.1, each authority is
delegable unless
specifically stated otherwise
When an imperative sentence directs action in the FAR, who is
responsible for the action unless another party is expressly cited?
the CO
Unauthorized commitments are agreements that are NOT binding
solely because
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
,1 million
Commercial Item
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
bundling
Which of the following are included in the definitions of "contracts"
letter contracts and job orders
The government can minimize the opportunity for buying in by using
which of the following techniques
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
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
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
