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CFCM- CERTIFIED FEDERAL CONTRACT MANAGER TESTS COMPILATION BUNDLE
CFCM- CERTIFIED FEDERAL CONTRACT MANAGER TESTS COMPILATION BUNDLE
[Mostrar más]CFCM- CERTIFIED FEDERAL CONTRACT MANAGER TESTS COMPILATION BUNDLE
[Mostrar más]Which of the following statements is NOT true? 
 
a. The government encourages the maximum practicable commercial use of inventions made under government contracts. 
b. The government recognizes rights in data developed at private expense, and limits its demands for delivery of that data. 
c. The go...
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Añadir al carritoWhich of the following statements is NOT true? 
 
a. The government encourages the maximum practicable commercial use of inventions made under government contracts. 
b. The government recognizes rights in data developed at private expense, and limits its demands for delivery of that data. 
c. The go...
Performance-base acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance correct answer: incentives 
	 
___________ contracts are characterized by the employer-employee relationship it creates between the G...
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Añadir al carritoPerformance-base acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance correct answer: incentives 
	 
___________ contracts are characterized by the employer-employee relationship it creates between the G...
The Federal Acquisition System was established for the codification and publication of uniform policies and procedures for acquisition by all legislative agencies. True or False? correct answer: False. " . . .for acquisition by all EXECUTIVE agencies." 
 
FAR 1.1 
 
What is the primary document (...
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Añadir al carritoThe Federal Acquisition System was established for the codification and publication of uniform policies and procedures for acquisition by all legislative agencies. True or False? correct answer: False. " . . .for acquisition by all EXECUTIVE agencies." 
 
FAR 1.1 
 
What is the primary document (...
CFCM Study Guide - Part 1 Questions| With Complete Solutions
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Añadir al carritoCFCM Study Guide - Part 1 Questions| With Complete Solutions
The Federal Acquisition Regulations System is established for... correct answer: the codification and publication of uniform policies and procedures for acquisition by all executive agencies. 
 
The vision for the Federal Acquisition System is to... correct answer: deliver on a timely basis the be...
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Añadir al carritoThe Federal Acquisition Regulations System is established for... correct answer: the codification and publication of uniform policies and procedures for acquisition by all executive agencies. 
 
The vision for the Federal Acquisition System is to... correct answer: deliver on a timely basis the be...
KOs shall distribute copies of contracts or mods within 10 working days after execution by all parties. As a minimum, the KO shall -- correct answer: (a) Distribute simultaneously 1 signed copy or reproduction of the signed contract to the contractor and the paying office; 
 
(b) When a contract is...
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Añadir al carritoKOs shall distribute copies of contracts or mods within 10 working days after execution by all parties. As a minimum, the KO shall -- correct answer: (a) Distribute simultaneously 1 signed copy or reproduction of the signed contract to the contractor and the paying office; 
 
(b) When a contract is...
negotiated contract correct answer: a contract awarded using other than sealed bidding procedures 
 
best value continuum correct answer: a technique that ensures the best deal for the government is obtained through the use of any one or a combination of source selection approaches 
 
Cost or pric...
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Añadir al carritonegotiated contract correct answer: a contract awarded using other than sealed bidding procedures 
 
best value continuum correct answer: a technique that ensures the best deal for the government is obtained through the use of any one or a combination of source selection approaches 
 
Cost or pric...
FAR Part 27: Patents, Data and Copyrights prescribes the procedures used correct answer: when a contract involves a new invention or a new work of authorship. It implements U.S. patent and copyright laws. 
 
FAR part 27 applies to all agencies, however, agencies are authorized to correct answer: a...
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Añadir al carritoFAR Part 27: Patents, Data and Copyrights prescribes the procedures used correct answer: when a contract involves a new invention or a new work of authorship. It implements U.S. patent and copyright laws. 
 
FAR part 27 applies to all agencies, however, agencies are authorized to correct answer: a...
Which of the following is NOT a reason to contract for Advisory and Assistance services? correct answer: Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials 
 
Which of the following contract types is prohibited by the Federal Acquis...
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Añadir al carritoWhich of the following is NOT a reason to contract for Advisory and Assistance services? correct answer: Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials 
 
Which of the following contract types is prohibited by the Federal Acquis...
In which of the following cases is a Research and Development contract most appropriate? correct answer: When the work or methods cannot be precisely described in advance 
 
In preparing work statements, technical and contracting personnel shall consider and, as appropriate, provide in the solitica...
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Añadir al carritoIn which of the following cases is a Research and Development contract most appropriate? correct answer: When the work or methods cannot be precisely described in advance 
 
In preparing work statements, technical and contracting personnel shall consider and, as appropriate, provide in the solitica...
Who does the FAR apply to? correct answer: all executive agencies 
 
Acquisition Team correct answer: all participants in government acquisition (including contractors and customers) 
 
Deviation correct answer: issuance of a policy, etc. inconsistent or not authorized by FAR 
 
Who is FAR mainta...
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Añadir al carritoWho does the FAR apply to? correct answer: all executive agencies 
 
Acquisition Team correct answer: all participants in government acquisition (including contractors and customers) 
 
Deviation correct answer: issuance of a policy, etc. inconsistent or not authorized by FAR 
 
Who is FAR mainta...
CFCM Study Guide - Part 19 Small Business Programs Questions With Complete Solutions
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Añadir al carritoCFCM Study Guide - Part 19 Small Business Programs Questions With Complete Solutions
By employing simplified acquisition, the government can: correct answer: -reduce its administrative costs 
-promote efficiency & economy in contracting 
-avoid burdening agencies & contractors 
 
Simplified acquisition procedures under the SAT shall be used to the maximum extent possible, unless co...
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Añadir al carritoBy employing simplified acquisition, the government can: correct answer: -reduce its administrative costs 
-promote efficiency & economy in contracting 
-avoid burdening agencies & contractors 
 
Simplified acquisition procedures under the SAT shall be used to the maximum extent possible, unless co...
FAR Part 32 prescribes policies and procedures for correct answer: contract financing and other payment matters, including 
-payment methods, partial, progress pmts based on % or stage of completion 
-loan guarantees, advance pmts, progress pmts based on costs 
-administration of debts to govt aris...
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Añadir al carritoFAR Part 32 prescribes policies and procedures for correct answer: contract financing and other payment matters, including 
-payment methods, partial, progress pmts based on % or stage of completion 
-loan guarantees, advance pmts, progress pmts based on costs 
-administration of debts to govt aris...
Contracting Officers below the level of _________ shall be selected and appointed. correct answer: Head of Contracting Activity 
 
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 U.S. is _...
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Añadir al carritoContracting Officers below the level of _________ shall be selected and appointed. correct answer: Head of Contracting Activity 
 
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 U.S. is _...
The FAR is prepared, issued, and maintained by: 
a. The Executive Office of the President. 
 b. The Office of Management and Budget and the General Services Administration. 
 c. The Secretary of Defense, the Administrator of General Services, and the Administrator of the National Aeronautics and Spa...
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Añadir al carritoThe FAR is prepared, issued, and maintained by: 
a. The Executive Office of the President. 
 b. The Office of Management and Budget and the General Services Administration. 
 c. The Secretary of Defense, the Administrator of General Services, and the Administrator of the National Aeronautics and Spa...
How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? correct 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 ...
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Añadir al carritoHow often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? correct 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 cost is reasonable if, in its nature and amount, it does not exceed correct answer: that which would be incurred by a prudent person in the conduct of competitive business. 
 
Advance Agreements should not be negotiated correct answer: after the incurrence of the costs involved. 
 
Under the Ass...
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Añadir al carritoA cost is reasonable if, in its nature and amount, it does not exceed correct answer: that which would be incurred by a prudent person in the conduct of competitive business. 
 
Advance Agreements should not be negotiated correct answer: after the incurrence of the costs involved. 
 
Under the Ass...
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How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? 
(a) Annually 
(b) Bi-annually 
(c) Every five years 
(d) Only as required correct answer: (c) Every five years 
 
(FAR 1.109) 
 
A form of written approval signed by an authorized official that is req...
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Añadir al carritoHow often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? 
(a) Annually 
(b) Bi-annually 
(c) Every five years 
(d) Only as required correct answer: (c) Every five years 
 
(FAR 1.109) 
 
A form of written approval signed by an authorized official that is req...
"Commercial Item" under FAR Part 12 (for MCQs)? correct answer: 1. Any item, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes, and— 
(i) Has been sold, leased, or licensed to the gene...
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Añadir al carrito"Commercial Item" under FAR Part 12 (for MCQs)? correct answer: 1. Any item, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes, and— 
(i) Has been sold, leased, or licensed to the gene...
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