Cfcm study guide - Study guides, Class notes & Summaries

CFCM STUDY GUIDE: FULL TEST

CFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete Solutions Which of the following is NOT a reason to contract for Advisory and Assistance services? - ANSWER-Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials Which of the following contract types is prohibited by the Federal Acquisition Regulation for feder...

CFCM Study Guide: FULL TEST Latest Update with Verified Solutions Which of the following statements is NOT true? a. The government encourages the maximum practicable commercial use of inventions made under government contracts. b. The government recognizes rights in data developed at private expense, and limits its demands for delivery of that data. c. The government requires that contractors obtain permission from copyright owners before including copyrighted works, owned by others, in ...

Performance-base acquisition offers __________, which can be used to adjust payment to reflect the degree of performance success and to motivate superior performance incentives ___________ contracts are characterized by the employer-employee relationship it creates between the Government and the Contractor's personnel Personal Service When deciding how to measure and manage performance, the contracting officer (CO) should consider all of the following - selecting only a few mea...

CFCM Study Guide Questions with Correct Answers Which services are classified as either management and professional support services, studies, analyses, and evaluations, or engineering and technical services? (FAR 2.101) (a) Architect-Engineer Services (b) Professional Services (c) Overhead Services (d) Advisory and Assistance Services - Answer-(d) Advisory and Assistance Services What is the term used if associated business concerns or individuals can control the other or a third part...

CFCM Prep Questions and Answers (Graded A)CFCM Prep Questions and Answers (Graded A)CFCM Prep Questions and Answers (Graded A)How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? (a) Annually (b) Bi-annually (c) Every five years (d) Only as required - ANSWER-(c) Every five years (FAR 1.109) A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract action...

CFCM Study Guide: FULL TEST | 150 Questions with 100% Correct Answers | Updated 2023 | Guaranteed A+

CFCM Study Guide: FULL TEST EXAM QUESTIONS WITH 100% CORRECT ANSWERS CFCM Study Guide: FULL TEST EXAM QUESTIONS WITH 100% CORRECT ANSWERS _____________ may be used for emergency acquisitions when contract performance must begin immediately. a. Simplified acquisition procedures b. Contract purchasing personnel. c. Letter contracts d. Government-wide purchase cards - Answer c. Letter contracts FAR 18.112 "Effective date" means the following: a. It i...

CFCM Study Guide. FULL TEST

Certificate of Competency issued by the SBA stating that the holder is responsible for the purpose of receiving and performing a specific government contract (FAR 19.601(a)) Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? $35,000 (FAR 13.402(a)) What can a contractor access online at ? Government-wide Point of Entry (GPE) (FAR 5.201(d)) How is the publication of...