CFCM - Study guides, Class notes & Summaries
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CFCM Exam with correct answers
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CFCM Exam with correct answers
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CFCM Final Exam Questions with complete solutions.
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CFCM Final Exam Questions with complete solutions.
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CFCM EXAM With complete solutions.
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CFCM EXAM With complete solutions.
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CFCM Exam Bundle Pack with Correct Answers (2024/2025)
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CFCM Exam Bundle Pack with Correct Answers (2024/2025)
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CFCM Week 7 Questions with 100% Correct Answers
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CFCM Week 7 Questions with 100% Correct Answers
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CFCM Practice Test Questions And Answers
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Which of the following is defined as gov property 
 ~ - gov furnished property 
- contractor acquired property 
- property owned or leased to the gov or acquired by the gov under the terms of 
the contract 
** Intellectual property and software is NOT** 
A latent defect is a defect 
 ~ that exists at the time of acceptance and cannot be discovered by a reasonable 
inspection 
The inclusion of a warranty in federal gov contracts is 
 ~ not required 
How does the gov relieve contracts of liab...
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CFCM Study Questions and Answers (Latest Update 2024)
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CFCM Study Questions and Answers (Latest Update 2024)
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CFCM Study Exam section 1 QUESTIONS & ANSWERS
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What is the primary document of the Federal Acquisition Regulation System? (FAR 1.1) - ANSWER FAR, the Federal Acquisition Regulation 
 
Best Value (FAR 2.1): - ANSWER The expected outcome of an acquisition that, in the government's estimation, provides the greatest overall benefit in response to the requirement.
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CFCM Exam|| 160 Questions|| Correct Answers|| Verified
- Exam (elaborations) • 14 pages • 2024
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Which of the following is NOT a reason to contract for Advisory and Assistance services? - 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 Acquisition Regulation for federal agencies and prime contractors? - ANSWER cost-plus-a-percentage-of-cost 
 
The Contract Disputes statute covers - ANSWER claims by a contractor against the Government.
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CFCM Practice Exam Correct 100%
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What does the Contract Dispute Act, as outlined in FAR Part 33 cover? - ANSWER FAR Part 33 
 
Which of the following contract types in prohibited by the Federal Acquisition Regulation for federal agencies and prime contractors? - ANSWER FAR 16.102 
 
_______ contracts are characterized by the employer-employee relationship it creates between the Government and the contractor's personnel. - ANSWER FAR 37.104
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