FCCM Exam UPDATED Study Guide
QUESTIONS AND CORRECT ANSWERS
Purchasing Categories - CORRECT ANSWERS Category 1 - $20,000
Category 2 - $35,000
Category 3 - $65,000
Category 4 - $195,000
Category 5 - $325,000
An agency employee may not, within ________ after retirement or termination
have or hold any employment or contractual relationship with any business
entity (where the employee had responsibilities for the contract) - CORRECT
ANSWERS 2 years
Agency employees with the power to make purchases exceeding $35k are
required to file a Limited Financial Disclosure (FORM 1) by what date to the
Commission on Ethics? - CORRECT ANSWERS July 1
Florida law requires the individuals may not be contract managers of a vendor
whom they were employed by within the _____ - CORRECT ANSWERS
Last 5 years
Ethics standards apply to state employees and their families and can extend -
CORRECT ANSWERS Beyond their period of employment
Contract administrators are responsible for - CORRECT ANSWERS
creating and maintaining a contract file.
maintaining financial information on all contracts.
managing changes to the contracts.
serving as a liason between the contract manager and the department.
, Contract administrators may not serve as contract manager if the contract is -
CORRECT ANSWERS Over $500,000
Contract administrators may serve also as contract managers if the contract is -
CORRECT ANSWERS Under $500,000
Contract managers - CORRECT ANSWERS -enforcing performance of
the contract terms and conditions
-serving as a liaison between the provider and the agency
-participating in the solicitation development and review of contract documents
-managing the receipt of commodities/contractual services
-providing written certification that services were performed and completed
-monitoring and evaluating contractor performance and end-user satisfaction, as
well as keeping timely records of findings
-exercising applicable remedies when a contractor's performance is deficient
-conducting cost reconciliation (grants)
-managing and documenting any changes to the contract through amendments
-monitoring the contract budget to ensure sufficient funds are available
-maintaining a contract management file
Contract managers are responsible for - CORRECT ANSWERS Manage
and document changes to the contract
Monitor contractors progress and performance
Oversee the contract budget to ensure funds are available
a contract, managers involvement in solicitation development ensures alignment
with - CORRECT ANSWERS Contractors requirements, compliance,
and effective management of the contract
QUESTIONS AND CORRECT ANSWERS
Purchasing Categories - CORRECT ANSWERS Category 1 - $20,000
Category 2 - $35,000
Category 3 - $65,000
Category 4 - $195,000
Category 5 - $325,000
An agency employee may not, within ________ after retirement or termination
have or hold any employment or contractual relationship with any business
entity (where the employee had responsibilities for the contract) - CORRECT
ANSWERS 2 years
Agency employees with the power to make purchases exceeding $35k are
required to file a Limited Financial Disclosure (FORM 1) by what date to the
Commission on Ethics? - CORRECT ANSWERS July 1
Florida law requires the individuals may not be contract managers of a vendor
whom they were employed by within the _____ - CORRECT ANSWERS
Last 5 years
Ethics standards apply to state employees and their families and can extend -
CORRECT ANSWERS Beyond their period of employment
Contract administrators are responsible for - CORRECT ANSWERS
creating and maintaining a contract file.
maintaining financial information on all contracts.
managing changes to the contracts.
serving as a liason between the contract manager and the department.
, Contract administrators may not serve as contract manager if the contract is -
CORRECT ANSWERS Over $500,000
Contract administrators may serve also as contract managers if the contract is -
CORRECT ANSWERS Under $500,000
Contract managers - CORRECT ANSWERS -enforcing performance of
the contract terms and conditions
-serving as a liaison between the provider and the agency
-participating in the solicitation development and review of contract documents
-managing the receipt of commodities/contractual services
-providing written certification that services were performed and completed
-monitoring and evaluating contractor performance and end-user satisfaction, as
well as keeping timely records of findings
-exercising applicable remedies when a contractor's performance is deficient
-conducting cost reconciliation (grants)
-managing and documenting any changes to the contract through amendments
-monitoring the contract budget to ensure sufficient funds are available
-maintaining a contract management file
Contract managers are responsible for - CORRECT ANSWERS Manage
and document changes to the contract
Monitor contractors progress and performance
Oversee the contract budget to ensure funds are available
a contract, managers involvement in solicitation development ensures alignment
with - CORRECT ANSWERS Contractors requirements, compliance,
and effective management of the contract
