Contracting governments Study guides, Class notes & Summaries
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CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved).
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CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved). 
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 - Correct 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 actions is defined as: 
(a) A ratification 
(b) Determi...
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Test Bank For International Management Culture Strategy and Behavior 10th Edition by Luthans
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Chapter 03 
Ethics, Social Responsibility, and Sustainability 
 
 
True/False Questions 
 
1. The study of morality and standards of conduct is referred to as ethics. 
Answer: True 
Feedback: Ethics is the study of morality and standards of conduct. 
AACSB: Analytic 
AACSB: Ethics 
Bloom's: Remember 
Learning Objective: 03-01 EXAMINE ethics in international management and some of the major ethical issues and problems confronting MNCs. 
Level of Difficulty: 1 Easy 
Topic: Ethics and Social Re...
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CFCM Prep Questions and Answers with Complete Verified Solutions Graded A 2024
- Exam (elaborations) • 53 pages • 2024
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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 Findings 
(c) The Contracting Officer's Final Decision 
(d) A waiver - ...
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CFCM Practice Test Questions Latest Version with Complete Solutions
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CFCM Practice Test Questions Latest 
Version with Complete Solutions 
 
How frequently are the financial thresholds for acquisitions set by law updated for inflation in 
the FAR? 
 
Every five years 
 
What is the term for a formal written endorsement required by law or regulation before 
proceeding with certain contract actions, which is signed by an authorized person? 
Determination and findings 
 
At what level must contracting officers be appointed and selected? 
By the head of a contracting...
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CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved).
- Exam (elaborations) • 53 pages • 2024
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CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved). 
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 - Correct 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 actions is defined as: 
(a) A ratification 
(b) Determi...
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CQM-C Exam 40 Questions with Verified Answers,100% CORRECT
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CQM-C Exam 40 Questions with Verified Answers 
 
The purpose of Construction Quality Management is to: - CORRECT ANSWER Achieve the quality established by properly developed requirements through the combined responsibility, but seperate efforts of contractpr smd government personnel. 
 
Construction Quality Management is the performance of tasks, which ensure that construction is performed. - CORRECT ANSWER According to plans and specifications, on time, within a defined budget and a safe work e...
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CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved).
- Exam (elaborations) • 53 pages • 2024
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CFCM Prep Questions and Answers Latest Updated 2024/2025 (100%Solved). 
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 - Correct 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 actions is defined as: 
(a) A ratification 
(b) Determi...
-
CFCM Practice Test Questions and Answers Latest Updated 2024/2025 (100% Solved)
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CFCM Practice Test Questions and Answers Latest Updated 2024/2025 (100% Solved) A form of written approval signed by an authorized 
official that is required by statute or regulation as a 
prerequisite to taking certain contract actionsi s 
defined as a - answer-determination and findings 
Contracting officers below the level of ___ shall be 
selected and appointed - answer-a head of a 
contracting activity 
According to the FAR conventions at Subpart 1.1, each 
authority is delegable unless - a...
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Contracting Officer Unlimited Warrant Board|Complete Questions with A+ Graded Answers
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Contracting Officer Unlimited Warrant Board|Complete Questions with A+ Graded Answers 
What is an option? 
An option is a unilateral right in a contract, for a specific period of time, where the Government may elect to purchase additional supplies or services called for by the contract, or extend the period of performance. 
The PCO should use options when (1) in the Governments best interest, (2) there is a need for service beyond the initial period, and (3) to ensure continuity of service. 
The...
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EOL 303 Exam 1 SDSU SACRAMENTOGRILLO QUESTIONS WITH ALL CORRECT SOLUTIONS!!
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Natural Event Geological or atmospheric processes involving the release of energy and has nothing to 
do with people. Geological is due to the hot interior of the Earth and can be expressed as volcanoes. 
Atmospheric type of energy is the product of solar energy which can be expressed as tornadoes. 
Characteristics of a Natural Disaster (5) geological, atmospheric, magnitude, frequency, duration, areal 
extent 
Recurrence interval time between same sized events (150 years) 
frequency 1/recurrenc...
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