Cfcm practice - Study guides, Class notes & Summaries

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 ...

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CFCM Practice Exam Questions with Correct Answers The fol. types of recurring costs are allowable: (FAR 31.205-28) - Answer-(a) Registry and transfer charges resulting from changes in ownership of securities issued by the contractor. (b) Cost of shareholders' meetings. (c) Normal proxy solicitations. (d) Preparing and publishing reports to shareholders. (e) Preparing and submitting required reports and forms to taxing and other regulatory bodies. (f) Incidental costs of direct...

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CFCM Prep Questions based on NCMA CFCM Study Guide and NCMA Practice Test

How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - ANSWER 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 - ANSWER determination and findings Contracting officers below the level of ___ shall be selected and appointed - ANSWER a head of a contracting activity

CFCM PRACTICE TEST QUESTIONS

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 government wide point of entry Size Standards - ️️FAR 19.102(b)(3): ...

What is a Certificate of Competency - ANSWER 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? - ANSWER $35,000 What can a contractor access online at ? - ANSWER The government wide point of entry

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