Cfcm final exam questions Study guides, Class notes & Summaries

CFCM Exam Questions and Answers 100% Accurate CFCM Exam Questions and Answers 100% Accurate CFCM Exam Questions and Answers 100% Accurate CFCM Exam Questions and Answers 100% Accurate "Commercial Item" under FAR Part 12 (for MCQs)? - ANSWER-1. Any item, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes, and— (i) Has been sold, leased, or licensed to the general public; ...

CFCM Final Exam Questions and answers updated verified 100% 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 Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? - $35,000 What can a contractor access online at ? - The governmentwide point of ent...

CFCM - Final Review Exam Questions with Correct Answers Which of the following is true about postaward notifications to offerors whose proposals were not selected for award? a. The notice must be provided within three days of contract award, and shall not contain the number of proposals received b. The notice must be provided within 10 days of contract award, and shall contain the number of offerors solicited c. The notice shall inform the offeror that further proposal revisions will be ac...

CFCM Exam Questions and Answers 100% Accurate(rated A+) CFCM Exam Questions and Answers 100% Accurate(rated A+) CFCM Exam Questions and Answers 100% Accurate(rated A+) "Commercial Item" under FAR Part 12 (for MCQs)? - ANSWER-1. Any item, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes, and— (i) Has been sold, leased, or licensed to the general public; or (ii) Has been offer...

CFCM Final Exam 2024/2025 Questions with Complete Solution CFCM Final Exam 2024/2025 Questions with Complete Solution A cash fund of fixed amount established by an advance of funds, for disbursement in cash for relatively small amounts is called what? - Answer Imprest fund A contract for demolition of a public building, without any further construction work, is subject to which of the following? - Answer Only the Service Contract Labor Standards statute A contract t...

CFCM Final Review exam questions and answers graded A+ complete and updated 2023 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 Admi...

CFCM Final Exam 2024/2025 Questions with Complete Solution CFCM Final Exam 2024/2025 Questions with Complete Solution A cash fund of fixed amount established by an advance of funds, for disbursement in cash for relatively small amounts is called what? - Answer Imprest fund A contract for demolition of a public building, without any further construction work, is subject to which of the following? - Answer Only the Service Contract Labor Standards statute A contract t...

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...