Cfcm exam 1 - Study guides, Class notes & Summaries

Cfcm Actual Exam Questions with Complete Answers Presolicitation notices must- - Answer-1) Describe the proposed work in sufficient detail to disclose the nature and volume of work (in terms of physical characteristics and estimated price range) (see 36.204); (2) State the location of the work; (3) Include tentative dates for issuing invitations, opening bids, and completing contract performance; (4) State where plans will be available for inspection without charge; (5) Specif...

CFCM PREP COURSE EXAM QUESTIONS WITH COMPLETE ANSWERS What is the Order of Precedence under the Uniform Contract Format? a. The Schedule - Contract Clauses - List of Documents, Exhibits, and other Attachments - Representations and Instructions b. List of Attachments - Evaluation factors for Award - Contract Administration Data - Contract Clauses c. The Schedule - Contract Clauses - Representations and Instructions - List of Attachments - Evaluation factors for Award d. Documents, exhibi...

CFCM Study Exam section 1 Questions and Answers (rated A+) CFCM Study Exam section 1 Questions and Answers (rated A+) CFCM Study Exam section 1 Questions and Answers (rated A+) What is the primary document of the Federal Acquisition Regulation System? (FAR 1.1) - ANSWER-FAR, the Federal Acquisition Regulation Best Value (FAR 2.1): - ANSWER-The expected outcome of an acquisition that, in the government's estimation, provides the greatest overall benefit in response to the requirement. ...

CFCM Exam Questions and Answers Which is NOT true of state and local taxes on federal purchases and leases? - Answer-Contractors and subcontractors must consult with the agency when there are exemptions that may apply. Which of the following functions are normally delegated from the Contracting Officer to the Contract Administration Office (CAO) - Answer-contract administration functions Standard Form 44 is also known as what? - Answer-Purchase Order—Invoice—Voucher Which of the ...

CFCM- Part 1, 2, 3, 4, 5, 7, 10, 11, and 23 Exam Review Questions and answers, verified/ Who does the FAR apply to? - all executive agencies Acquisition Team - all participants in government acquisition (including contractors and customers) Deviation - issuance of a policy, etc. inconsistent or not authorized by FAR Who is FAR maintained by? - o GSA o Secretary of Defense o NASA Administrator Who handles FAR revisions? - o DAR council o CAA council Who prints, publishes, and distribu...

CFCM EXAM: ULTIMATE STUDY GUIDE QUESTIONS WITH CORRECT ANSWERS contingency operation or to facilitate defense against or recovery from a nuclear, biological, chemical, or radiological attack, the threshold is a. $300,000 for any contract awarded and performed or purchased inside the United States b. $1 million for any contract awarded and performed or purchased inside the United States c. $1 million for any contract awarded and performed or purchased outside the United States d. b and c ...

CFCM Prep Questions Exam Review Questions and answers, rated 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 - -(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 actions is defined as: (a) A ratification (b) Determination and Findin...

CFCM STUDY EXAM SECTION #1 QUESTIONS AND ANSWERS

CFCM Practice Exam 1. What is a Certificate of Competency?: A certificate issued by the SBA stating that the holder is responsible, for the purpose of receiving and performing a specific Government contract