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CFCM (Problem Questions) with complete solutions.
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CFCM (Problem Questions) with complete solutions.
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CFCM (Problem Questions) with completesolutions
Options for increased quantities of supplies/services may NOT be expressed in terms of
a) percentage of specific line items.
b) increase in specific line items.
c) additional numbered line items.
d) a range of quantities for various line items. - correct answer-d) a range of quantities for various line
items.
When deciding how to measure and manage performance, the contracting officer (CO) should consider
all of the following, EXCEPT:
a) Selecting only a few meaningful measures to judge success
b) Relying upon commercial quality standards
c) The inclusion of contractual language for negotiated changes to the metrics and measures
d) Vendor satisfaction - correct answer-d) Vendor satisfaction
The Contract Disputes Act covers
a) challenges to procurement contract award procedures.
b) non-appropriated fund contracts.
c) claims by a contractor against the Government relating to a contract.
d) claims by a contractor against the Government involving fraud. - correct answer-d) claims by a
contractor against the Government involving fraud.
Performance-based acquisition offers __________, which can be used to adjust payment to reflect the
degree of performance success and to motivate superior performance.
, a) incentives
b) performance rubric
c) quality assurance plans
d) measurable performance standards - correct answer-a) incentives
_______________ contracts are characterized by the employer-employee relationship it creates
between the Government and the contractor's personnel.
a) Personal service
b) Non-personal service
c) Performance Based Service
d) Advisory and Assistance Service - correct answer-a) Personal service
In terms of being a responsible government contractor, any prime contractor that provides Government
property to a subcontractor...
a) is relieved of responsibility upon acceptance of the property by the subcontractor.
b) remains responsible only for Government property valued at more than $100,000.
c) is responsible only for loss due to gross negligence.
d) is still responsible for the property in accordance with the terms of the prime contract. - correct
answer-d) is still responsible for the property in accordance with the terms of the prime contract.
Simplified acquisition methods include the following except:
a) Purchase orders
b) Blanket purchase agreements
c) Government-wide commercial purchase cards
d) Advance agreements - correct answer-d) Advance agreements
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