Clm exam 3 - Study guides, Class notes & Summaries

AU 62: Chapter 2 Exam Questions and Answers A contractor was hired by a railroad to work on a bridge adjacent to railroad tracks. Which one of the following types of insurance coverage would best respond to claims against the railroad arising out of the contractor's work? Select one: A. A Commercial General liability (CGL) Coverage Form covering the contractor B. A Commercial General liability (CGL) Coverage Form covering the railroad C. A Railroad Protective Liability Coverage Form p...

AU 62 Exam Questions and Answers Which one of the following statements about owners and contractors protective liability coverage is true? - Answer-It covers the property owner for damage arising from the contractor's operations. A contractor was hired by a railroad to work on a bridge adjacent to railroad tracks. Which one of the following types of insurance coverage would best respond to claims against the railroad arising out of the contractor's work? - Answer-A Railroad Protectiv...

CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers Pass: 1. You have been contacted by a small business, and you want to verify they are registered to do business with the Federal Government. What system should you use? Contractor Performance Assessment Reports System (CPARS) Past Performance Information Retrieval System (PPIRS) Federal Procurement Data System Next Generation (FPDS-NG) System for Award Management (SAM) 2. Which of the following can affe...

AU 60 Exam Study Questions and Answers TRUE/FALSE: Building or premises is one example of an ISO's Commercial Lines Manual (CLM) classification - Answer-TRUE A book of business is a group of policies with common characteristics such as: -_______ - type of ______ - policies written by a particular ______ or ______ - Answer--territory -type of coverage -insurer or agency Policyholders surplus = total ______ _____ - total ______ - Answer-admitted assets - liabilities Predictive modeli...

CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam 2023. What legislation often includes provisions that specifically impact the Small Business Act and the Department of Defense (DoD) Small Business Program? o DoD 5000.02 o Congressional Reports o NDAA o FAR 2. Who provides policy and oversight for the Department of Defense (DoD) Small Business Program through the operation of Component Small Business Program Office across DoD? o The Military Departments and Other ...

CLM 031 Improved Statement of Work Exam Question 1-9 1. Select the attributes of a traditional business environment (VS performance-based business environment (PBBE): • frequently required obsolete processes and materials, oftentimes conflicted with one another, and deterred innovative business practices • environment of government oversight and restraint • method for conducting business was based on tight government control • less contractor self-governance by contractually req...

CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers Pass: 1. You have been contacted by a small business, and you want to verify they are registered to do business with the Federal Government. What system should you use? Contractor Performance Assessment Reports System (CPARS) Past Performance Information Retrieval System (PPIRS) Federal Procurement Data System Next Generation (FPDS-NG) System for Award Management (SAM) 2. Which of the following can affect acqu...

CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers Pass: 1. You have been contacted by a small business, and you want to verify they are registered to do business with the Federal Government. What system should you use? Contractor Performance Assessment Reports System (CPARS) Past Performance Information Retrieval System (PPIRS) Federal Procurement Data System Next Generation (FPDS-NG) System for Award Management (SAM) 2. Which of the following can affe...

CLM 059 Fundamentals of Small Business for the Acquisition Workforce Exam with Answers Pass: 1. You have been contacted by a small business, and you want to verify they are registered to do business with the Federal Government. What system should you use? Contractor Performance Assessment Reports System (CPARS) Past Performance Information Retrieval System (PPIRS) Federal Procurement Data System Next Generation (FPDS-NG) System for Award Management (SAM) 2. Which of the following can aff...

CLM 003 Overview of Acquisition Ethics Exam 2022/ 3. The Main goal(s) of ethics for gov’t acquisition professionals is to: INCORRECT Neither answer is correct. - Avoid even the appearances of impropriety. - - Analyze a critical and complex Maintain the confidence and support of the American people Both answers are correct. situation regarding representation, then formulate an ethical response. CORRECT 4. _____ includes communications on behalf of another person made...