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FCCM Exam Questions &Correct
Solutions
Which of the following BEST describes the Deliverables and Performance
Measures that must be included in the contract?-correct-answer-Quantifiable,
verifiable, measurable and must be received and accepted in writing before
payment is issued
At a minimum, before a contract in excess of $65k (Cat. 3) is executed, all of the
following reviews must be conducted EXCEPT a _____ review.-correct-answer-
Political
(Legal, Financial and Programmatic required)
An example of a financial consequence would be specifying which of the following
in a contract?-correct-answer-A $1k reduction of payment for non-compliance
According to section 287.057 Florida Statutes, serving as a liaison to the provider
is a responsibility of the contract______.-correct-answer-Manager
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Invoices, certified receipts, voucher copies, and expenditure tracking can be best
categorized as examples of _____ documentation.-correct-answer-Payment
The provider on-boarding meeting is ______ to add additional requirements to
the contract's Scope of Work.-correct-answer-Never used
_________ monitoring involves tasks such as determining whether state funds are
accounted for, ensuring that interest earned was reported correctly, sampling
receipts to ensure expenditures match reports, and comparing expenses from one
year to the next-correct-answer-Fiscal
_____ are used by contract managers to interview staff, review personnel and
fiscal records, and witness provider operations first hand.-correct-answer-On-site
observations
_____ are required for all agreements for contractual services in excess of $35k
(Cat 2) and all agreements of any amount that provide state or federal financial
assistance.-correct-answer-Financial Consequences
You manage a contract for office supplies. You have received the supplies you
ordered including a complete and accurate invoice for those supplies. According
FCCM Exam Questions &Correct
Solutions
Which of the following BEST describes the Deliverables and Performance
Measures that must be included in the contract?-correct-answer-Quantifiable,
verifiable, measurable and must be received and accepted in writing before
payment is issued
At a minimum, before a contract in excess of $65k (Cat. 3) is executed, all of the
following reviews must be conducted EXCEPT a _____ review.-correct-answer-
Political
(Legal, Financial and Programmatic required)
An example of a financial consequence would be specifying which of the following
in a contract?-correct-answer-A $1k reduction of payment for non-compliance
According to section 287.057 Florida Statutes, serving as a liaison to the provider
is a responsibility of the contract______.-correct-answer-Manager
, 2|Page
Invoices, certified receipts, voucher copies, and expenditure tracking can be best
categorized as examples of _____ documentation.-correct-answer-Payment
The provider on-boarding meeting is ______ to add additional requirements to
the contract's Scope of Work.-correct-answer-Never used
_________ monitoring involves tasks such as determining whether state funds are
accounted for, ensuring that interest earned was reported correctly, sampling
receipts to ensure expenditures match reports, and comparing expenses from one
year to the next-correct-answer-Fiscal
_____ are used by contract managers to interview staff, review personnel and
fiscal records, and witness provider operations first hand.-correct-answer-On-site
observations
_____ are required for all agreements for contractual services in excess of $35k
(Cat 2) and all agreements of any amount that provide state or federal financial
assistance.-correct-answer-Financial Consequences
You manage a contract for office supplies. You have received the supplies you
ordered including a complete and accurate invoice for those supplies. According
