FCCM Training Knowledge Checks Question and answers rated A+
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Course
FCCM
Institution
FCCM
FCCM Training Knowledge Checks Question and answers rated A+ FCCM Training Knowledge Checks
A vendor who was not selected for a contract decides to protest the decision. How long after filing a written notice of intent to protest does a vendor have to file the formal written protest? - correc...
FCCM Training Knowledge Checks
A vendor who was not selected for a contract decides to protest the decision.
How long after filing a written notice of intent to protest does a vendor have to
file the formal written protest? - correct answer ✔10 Days
Seven Stages of Public Procurement - correct answer ✔Identification
Pre-Solicitation
Solicitation Prep
Solicitation
Response Evaluation
Contract Award
Contract Management
When the total cost of the needed commodities or contractual services
exceeds $35,000 the solicitation must be - correct answer ✔competitive
Which payment method is used when a project is divided into intervals, and
payment is distributed at those intervals - correct answer ✔Fixed Price
Which method of competitive solicitation would someone want to use when
the focus is on price plus quality - correct answer ✔Request for proposal
Which documents are generally included in a competitive solicitation - correct
answer ✔Scope of Work
, Which purchasing category is required to have at least three people assigned
to an evaluation or negotiation team? - correct answer ✔Category 4
($195,00)
What type of solicitation must be publicly posted on the Vendor Bid System? -
correct answer ✔Competitive
If a vendor has a question regarding a solicitation, who must they contact? -
correct answer ✔Procurement officer
What criteria is used when evaluating responses submitted to a competitive
solicitation, such as a proposal or reply? - correct answer ✔The criteria
established in the solicitation
After an agency employee leaves a position with the state, they may be
immediately employed by a business that had a contract that they managed at
their former agency. - correct answer ✔False
Spouses or children of state employees should not take any form of
compensation, payment or thing of value when they know, or should know,
that it is given to influence a vote or other official action. - correct answer
✔True
Agency employees with the power to make purchases exceeding $35,000 are
required to file a limited financial disclosure (Form 1) by July 1st to the
commission on ethics - correct answer ✔True
A cost analysis reviews and evaluates each budget line item to determine if
each item is allowable, reasonable, necessary and allocable. - correct answer
✔True
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