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CFCM - Final Review Exam with correct answers
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CFCM - Final Review Exam with correct answers
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CFCM Practice Test with correct answersWith respect to proposal evaluations, solicitations for simplified acquisitions are: - correct answer-not
required to state the relative importance of each evaluation factor and subfactor.
Performance-based 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 Government and the contractor's personnel. - correct answer-Personal
When deciding how to measure and manage performance, the contracting officer (CO) should consider
all of the following, EXCEPT: - correct answer-Vendor satisfaction
Which response best describes a letter contract? - correct answer-Normally a brief, written preliminary
contractual instrument that authorizes a contractor to begin performance immediately.
Performance-based contracts - correct answer-use measurable performance standards and quality
assurance surveillance plans.
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
Options for increased quantities of supplies/services may NOT be expressed in terms of - correct answer-
a range of quantities for various line items
Solicitations for commercial items shall require offerors to offer the Government - correct answer-the
same warranty terms offered to the general public.
, Who is generally responsible for determining a subcontractor's responsibility? - correct answer-The
prime contractor
When the time of delivery or timely performance is so important that the Government may reasonably
expect to suffer damage if the delivery or performance is delinquent; and the extent or amount of such
damage would be difficult or impossible to estimate accurately or prove, then what type of assessment
may occur? - correct answer-Liquidated damages.
The government's preferred remedy when terminating a contract for a commercial item for cause will be
- correct answer-a. to acquire similar items from another contractor and to charge the defaulted
contractor with any excess reprocurement costs.
The Contract Disputes Act covers - correct answer-claims by a contractor against the Government
relating to a contract.
Which of the following is NOT required to be revealed during a post award debriefing? - correct answer-
Ranking of all offerors.
The contracting officer may accept proposal revisions during - correct answer-discussions
What term is described by the following: The process by which efforts of all personnel responsible for an
acquisition are coordinated and integrated through a comprehensive plan for fulfilling the agency need
in a timely manner at a reasonable cost. It includes developing the overall strategy for managing the
acquisition. - correct answer-Acquisition Plan
During source selection it is an acceptable practice to - correct answer-inform an offeror that its price is
considered too high.
These are limited exchanges between the Government and offerors, that may occur when award without
discussions is contemplated: - correct answer-Clarifications
A special form of written approval by an authorized official that is required by statute or regulation as a
prerequisite to taking certain contract actions is called - correct answer-Determination and Findings
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