CFCM Practice Test Questions with 100% Correct Solutions [2024/2025]
9 views 0 purchase
Course
CFCM - Certified Federal Contract Manager
Institution
CFCM - Certified Federal Contract Manager
CFCM Practice Test Questions with
100% Correct Solutions [2024/2025]
CFCM Practice Test Questions with
100% Correct Solutions [2024/2025]
__ may be used for emergency acquisitions when contract performance must begin
immediately - Answer letter contracts
____ is any money, f...
CFCM Practice Test Questions with
100% Correct Solutions [2024/2025]
, CFCM Practice Test Questions with
100% Correct Solutions [2024/2025]
__ may be used for emergency acquisitions when contract performance must begin
immediately - Answer ✓✓letter contracts
____ 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 - Answer
✓✓Kickback
"Effective Date" means - Answer ✓✓For a solicitation amendment, change order, or
administrate change, it is the issue date
A cash fund of a fixed amount established by an advance of funds, without charge to an
appropriate, from an agency finance or disbursing officer to a duly appointed cashier for
disbursement as needed from time to time in making a payment in case for relatively
small purchases is an - Answer ✓✓impreset fund
A certificate of current cost or pricing data - Answer ✓✓does not constitute a
representation as to the accuracy of the contractor's judgement on the estimate of future
costs or projections
A CO's decision not to set aside an acquisition for a HUBZONE small business or
SDVOSB concerns when it is at or below the simplified acquisition threshold - Answer
✓✓is not subject to review under FAR 19.4
A contract should not normally be terminated for convince but would be permitted to run
a completion when the price of the undelivered balance of the contract is less than -
Answer ✓✓$5,000
A contract that provides for upward and downward revision of the stated contract price
upon the occurrence of specified contingencies is referred to as - Answer ✓✓fixed
price contract with economic price adjustment
A contract with a corporation shall be signed by - Answer ✓✓in the corporate name,
followed by the word "by" and the signature and title of the person authorized to sign
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller QuizGuider82. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
