Cfcm Study guides, Class notes & Summaries

CFCM Practice Test Questions and Answers Latest Updated 2024/2025. 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 - answer-specifi...

1) If a policy, procedure, strategy, or practice is in the best interest of the government and is not specifically addressed in the FAR or prohibited by law, executive order, or regulation government members of the team ________________. a. Should not even consider it as an option b. Should not assume it is prohibited c. Seek direction in Agency supplements to the FAR d. Should consider it prohibited 1. Answer (b), reference CFCM Study Guide, page 2 Role of the Acquisition team. 2)...

CFCM Study Guide: Full Test Questions and Answers 100% Pass Which of the following is an incorrect statement? a. The government supports the extensive commercial use of innovations created under its contracts. b. The government acknowledges rights to data developed with private funds and restricts its requests for such data. c. Contractors must get permission from copyright owners before using copyrighted materials in data meant for the government. d. Usually, the government will ...

CFCM Study Questions and Answers (Latest Update 2024)

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...

MATT'S CFCM FAR PART 1. FEDERAL ACQUISITION REGULATIONS SYSTEM EXAM 2024

CFCM Final Review The FAR is prepared, issued, and maintained by: a. The Executive Office of the President. b. The Office of Management and Budget and the General Services Administration. c. The Secretary of Defense, the Administrator of General Services, and the Administrator of the National Aeronautics and Space Administration. d. The National Contract Management Association. - c. The Secretary of Defense, the Administrator of General Services, and the Administrator of the National Ae...

What law specifies how agencies shall make their records available upon public request, imposes strict time standards for agency responses, and exempts certain records from public disclosure? A) Paperwork Reduction Act B) Federal Records Act C) Freedom of Information Act D) Privacy Act of 1974 C) Freedom of Information Act Which of the following is not considered a contract? A) A bilateral instrument B) A grant or cooperative agreement C) A job order or task letter D) A purchase or...

CFCM Study Guide: FULL TEST EXAM/150 Q’S AND A’S

CFCM STUDY GUIDE: FULL TEST