Acquisition thresholds - 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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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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CFCM Practice Test Questions and Answers Latest Updated 2024/2025 (Solved)
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CFCM Practice Test Questions and Answers Graded A+ - Latest Updated 2024/2025 (Solved) How often are statutory acquisition-related dollar 
thresholds in the FAR adjusted for inflation? - answerEvery 5 years 
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 - an...
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CFCM| 240 Prep Questions With 100% Correct Answers|2024|90 Pages
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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 wai...
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CFCM Practice Exam Questions & Answers with 100% Correct Answers | Verified & Updated 2024 | Guaranteed Success
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How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - 
Every 5 years 
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 - 
determination and findings 
Contracting officers below the level of ___ shall be selected and appointed - a head of 
a contracting activity 
According to the FAR conventions at Subpart 1.1, each authority is de...
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CLC 222 Mod 2 Quiz 3 – With All Questions & 100% Accurate Answers & Explanations
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CLC 222 Mod 2 Quiz 3 – With All Questions & 100% Accurate Answers & Explanations 
CLC 222 Mod 2 Quiz 3 – With All Questions & 100% Accurate Answers & Explanations 
 
What is Acquisition planning? 2.101 - ANSWER - means the process by which the efforts of all personnel responsible for an acquisition are coordinated and integrated through a comprehensive plan for fulfilling the agency need in a timely manner and at a reasonable cost. It includes developing the overall strategy for managing th...
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CFCM 150 Practice Test Questions With 100% Correct Answers
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How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - ️️Every 5 years 
 
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 - ️️determination and findings 
 
Contracting officers below the level of ___ shall be selected and appointed - ️️a head of a contracting activity 
 
According to the FAR conventions at Subpart 1.1, ...
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WARRANT BOARD EXAM|COMPLETE QUESTIONS WITH A+ GRADED ANSWERS
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WARRANT BOARD EXAM|COMPLETE QUESTIONS WITH A+ GRADED ANSWERS 
Explain the difference between business clearance and contract clearance and circumstances for use, and the overall objectives of the process. 
Business clearance: 
1. For competitive acquisitions the approval to issue the solicitation 
2. For non-competitive acquisitions the approval to begin negotiations 
 
Contract Clearance: 
1. For competitive acquisitions without discussion, the approval from the SSA to award 
2. For competitive...
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FAM 104 Week 2 Exam Questions and Answers All Correct
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FAM 104 Week 2 Exam Questions and Answers All Correct 
Describe program deviation - Answer- when the PM realizes the actual or estimate of the program's cost, schedule, and/or technical performance measures exceeds one or more of the APB thresholds 
 
Describe how the Acquisition Process Model (APM) can be used - Answer- an online tool that provides a visual representation of all six Defense Acquisition Program Models as well as the overall visual process flow of AF acquisition 
 
describe how...
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CFCM- Part 1, 2, 3, 4, 5, 7, 10, 11, and 23 with Complete Solutions
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CFCM- Part 1, 2, 3, 4, 5, 7, 10, 11, and 23 with Complete SolutionsCFCM- Part 1, 2, 3, 4, 5, 7, 10, 11, and 23 with Complete SolutionsCFCM- Part 1, 2, 3, 4, 5, 7, 10, 11, and 23 with Complete SolutionsCFCM- Part 1, 2, 3, 4, 5, 7, 10, 11, and 23 with Complete Solutions 
Who does the FAR apply to? - ANSWER-all executive agencies 
 
Acquisition Team - ANSWER-all participants in government acquisition (including contractors and customers) 
 
Deviation - ANSWER-issuance of a policy, etc. inconsistent...
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