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CFCM FINAL REVIEW QUESTIONS AND ANSWERS
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CFCM FINAL REVIEW QUESTIONS AND ANSWERS
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CFCM FINAL REVIEW QUESTIONS ANDANSWERS
The4FAR4is4prepared,4issued,4and4maintained4by:
a.4The4Executive4Office4of4the4President.
4b.4The4Office4of4Management4and4Budget4and4the4General4Services4Administration.
4c.4The4Secretary4of4Defense,4the4Administrator4of4General4Services,4and4the4Administra
tor4of4the4National4Aeronautics4and4Space4Administration.4
4d.4The4National4Contract4Management4Association.4-4ans--
c.4The4Secretary4of4Defense,4the4Administrator4of4General4Services,4and4the4Administrat
or4of4the4National4Aeronautics4and4Space4Administration.
Which4of4the4following4is4not4one4of4the4contracting4officer's4authorities4and4responsibiliti
es?
a.4To4obtain4the4lowest4price4on4behalf4of4the4government.4
4b.4To4enter4into4and4sign4contracts4on4behalf4of4the4government.
4c.4To4ensure4that4all4requirements4of4law,4executive4orders,4regulations,4and4all4other4ap
plicable4procedures4including4clearances4and4approvals4have4been4met.
4d.4To4terminate4contracts4and4make4related4determinations4and4findings.4-4ans--
a.4To4obtain4the4lowest4price4on4behalf4of4the4government
This4term4refers4to4consolidating4two4or4more4requirements4for4supplies4or4services4previ
ously4provided4or4performed4under4separate4or4small4contracts4into4a4solicitation4for4a4si
ngle4contract4that4is4likely4to4be4unsuitable4for4award4to4a4small4business4concern.
a.4Subcontracting
4b.4Grouping
4c.4Joinder
4d.4Bundling4-4ans--d.4Bundling
The4standard4micropurchase4threshold4is:
a.4$3,5004
4b.4$2,000
4c.4$2,500
4d.4$3,0004-4ans--a.4$3,500
Which4of4the4following4is4not4considered4an4offer?
a.4A4response4to4an4invitation4for4quotations4
,4b.4A4response4to4an4invitation4for4proposals
4c.4A4response4to4an4invitation4for4bids
4d.4A4response4to4a4solicitation4that,4if4accepted,4would4bind4the4offeror4to4perform4the4re
sultant4-4ans--a.4A4response4to4an4invitation4for4quotations
What4is4the4federal4policy4on4standards4of4conduct?
a.4The4general4rule4is4to4avoid4strictly4any4conflict4of4interest4except4for4token4gifts4or4grat
uities4in4government-contractor4relationships.
4b.4The4general4rule4is4to4avoid4strictly4any4conflict4in4government-
contractor4relationships.
4c.4The4general4rule4is4to4avoid4strictly4any4conflict4of4interest4or4even4the4appearance4of4
a4conflict4of4interest4in4government-contract4relationships.4
4d.4The4general4rule4is4to4avoid4conflict4of4interest4in4government-
contractor4relationships,4unless4a4full4public4disclosure4is4made.4-4ans--
c.4The4general4rule4is4to4avoid4strictly4any4conflict4of4interest4or4even4the4appearance4of4a
4conflict4of4interest4in4government-contract4relationships.
The4Kickbacks4statute4forbids4a4subcontractor4from4doing4what?
a.4Accepting4a4payment4from4a4prime4contractor4for4any4reason
4b.4Misrepresenting4a4contingent4fee4arrangement
4c.4Submitting4an4offer4below4anticipated4costs,4expecting4to4increase4the4contract4amou
nt4after4award
4d.4Making4a4payment4for4the4purpose4of4obtaining4favorable4treatment4in4connection4wit
h4a4prime4contract4or4a4subcontract4relating4to4a4prime4contract4-4ans--
d.4Making4a4payment4for4the4purpose4of4obtaining4favorable4treatment4in4connection4with
4a4prime4contract4or4a4subcontract4relating4to4a4prime4contract
Which4of4the4following4would4be4buying-in?
a.4Submitting4an4offer4at4negotiated4costs4to4receive4follow-
on4contracts4at4artificially4high4prices
4b.4Submitting4an4offer4below4negotiated4costs4with4the4expectation4of4decreasing4the4co
ntract4amount4after4award
4c.4Submitting4an4offer4below4anticipated4costs4to4receive4follow-
on4contracts4at4artificially4high4prices4
4d.4Submitting4an4offer4above4anticipated4costs4with4the4expectation4of4decreasing4the4co
ntract4amount4after4award4-4ans--
c.4Submitting4an4offer4below4anticipated4costs4to4receive4follow-
on4contracts4at4artificially4high4prices
The4federal4government4shall4use4electronic4commerce:
a.4For4all4transactions4above4the4simplified4acquisition4threshold.
4b.4As4long4as4signatures4are4not4provided4electronically.
4c.4Only4if4there4is4no4risk4of4loss4or4misuse4of4the4information.
4d.4Whenever4it4is4practicable4or4cost-effective.4-4ans--
d.4Whenever4it4is4practicable4or4cost-effective.
,Contractors4must4retain4all4records4pertaining4to4a4government4contract4for4a4minimum4o
f4____________4from4the4date4final4payment4is4made4under4the4contract.
a.4Six4years
4b.4Three4years4
4c.4Ten4years
4d.4One4year4-4ans--b.4Three4years
A4prospective4contractor4would4be4obligated4to4register4in4the4System4for4Award4Manage
ment4database4prior4to4contract4award4in4which4of4the4following4cases?
a.4A4contract4with4an4individual4for4performance4outside4the4United4States4and4its4outlyin
g4areas
4b.4A4micropurchase4using4the4electronic4funds4transfer4method4for4payment
4c.4A4contract4awarded4by4a4deployed4contracting4officer4in4the4course4of4military4operati
ons4
4d.4A4contract4for4emergency4operations4in4response4to4a4natural4disaster4-4ans--
b.4A4micropurchase4using4the4electronic4funds4transfer4method4for4payment
Which4of4the4following4is4correct4about4the4FAR4citation415.506(a)?
a.4154is4the4part,454is4the4subpart,4064is4the4section,4and4a4is4the4paragraph.4
4b.414is4the4part,454is4the4subpart,45064is4the4section,4and4a4is4the4paragraph.
4c.4154is4the4part,4504is4the4subpart,464is4the4section,4and4a4is4the4paragraph.
4d.4154is4the4part,454is4the4subpart,4064is4the4paragraph,4and4a4is4the4sentence.4-4ans--
a.4154is4the4part,454is4the4subpart,4064is4the4section,4and4a4is4the4paragraph.
visions4to4the4FAR4will4be4prepared4and4issued4through4the4coordinated4action4of:
a.4The4General4Services4Administration4and4the4FAR4Secretariat.
4b.4The4FAR4Revisions4Board4and4the4FAR4Secretariat.
4c.4The4Defense4Logistics4Agency4and4the4General4Services4Administration.
4d.4The4Defense4Acquisition4Regulations4Council4and4the4Civilian4Acquisition4Council.4-
4ans--
d.4The4Defense4Acquisition4Regulations4Council4and4the4Civilian4Acquisition4Council.
Which4of4the4following4best4describes4an4"unauthorized4commitment"?
a.4An4agreement4that4is4binding4because4the4government4representative4who4made4it4ap
peared4to4have4the4authority4to4enter4into4that4agreement4on4behalf4of4the4government.
4b.4An4agreement4which4is4not4binding4solely4because4the4government4representative4wh
o4made4it4lacked4the4authority4to4enter4into4that4agreement.4
4c.4An4agreement4which4is4not4binding4because4the4individual4who4made4it4was4not4a4gov
ernment4representative.
4d.4A4special4form4of4written4approval4that4is4required4by4statute4or4regulation.4-4ans--
b.4An4agreement4which4is4not4binding4solely4because4the4government4representative4wh
o4made4it4lacked4the4authority4to4enter4into4that4agreement.
The4Federal4Acquisition4Regulations4system4was4established4for4the4codification4and4pu
blication4of4uniform4policies4and4procedures4for4which4of4the4following?
a.4The4Administrative4Agency
, 4b.4The4Department4of4Defense
4c.4All4branches4of4the4U.S.4Military
4d.4All4executive4agencies4-4ans--d.4All4executive4agencies
Which4of4the4following4is4a4special4form4of4written4approval4by4an4authorized4official4that4i
s4required4by4statute4or4regulation4as4a4prerequisite4of4taking4certain4contract4actions?
a.4Offer
4b.4Agency4Acquisition4Regulation4(AAR)
4c.4Determination4and4Findings4(D&F)4
4d.4Advisory4and4Assistance4Service4(AAS)4-4ans--c.4Determination4and4Findings4(D&F)
Which4of4the4following4is4not4a4condition4under4which4an4unauthorized4commitment4may4
be4ratified?
a.4The4ratifying4official4has4the4authority4to4enter4into4a4contractual4commitment.
4b.4The4unauthorized4commitment4is4under4the4simplified4acquisition4threshold.4
4c.4Funds4are4available4and4were4available4at4the4time4the4unauthorized4commitment4wa
s4made.
4d.4The4contracting4officer4reviewing4the4unauthorized4commitment4determines4the4price4
to4be4fair4and4reasonable.4-4ans--
b.4The4unauthorized4commitment4is4under4the4simplified4acquisition4threshold.
Best4value4means:
The4outcome4of4an4acquisition4that,4in4the4government's4estimation,4provides4the4greate
st4overall4benefit4even4if4the4requirements4have4been4changed.
4b.4The4expected4outcome4of4an4acquisition4that,4in4the4government's4estimation,4provide
s4the4greatest4overall4benefit4in4response4to4the4requirement.4
4c.4The4expected4outcome4of4an4acquisition4that,4in4the4contractor's4estimation,4provides4
the4greatest4overall4benefit4even4if4the4requirements4have4been4changed.
4d.4The4expected4outcome4of4an4acquisition4that,4in4the4contractor's4estimation,4provides4
the4greatest4overall4benefit4in4response4to4the4requirement.4-4ans--
b.4The4expected4outcome4of4an4acquisition4that,4in4the4government's4estimation,4provide
s4the4greatest4overall4benefit4in4response4to4the4requirement.
Which4of4the4following4is4not4considered4a4contract?
Select4one:
4a.4A4bilateral4instrument
4b.4A4grant4or4cooperative4agreement4
4c.4A4job4order4or4task4letter
d.4A4purchase4order4-4ans--b.4A4grant4or4cooperative4agreement
The4simplified4acquisition4threshold4for4work4inside4the4U.S.4that4is4not4used4to4support4a
4contingency4operation4or4to4facilitate4defense4against4or4recovery4from4nuclear,4biologic
al,4chemical,4or4radiological4attack4is4set4at:
Select4one:
4a.4$100,000
4b.4$1,000,000
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