Cfcm exam study Study guides, Class notes & Summaries

CFCM Study Exam Questions and Answers For a modification converting a termination for default to a termination for the convenience of the government, the effective date a. of the confirming notice shall be the same as the effective date of the initial notice. b. shall be the date agreed upon by the contracting parties c. shall be the issue date of the amendment, change order, or administrative change. d. shall be the same as the effective date of the termination for default - Answer-d....

CFCM EXAM: ULTIMATE STUDY GUIDE QUESTIONS WITH CORRECT ANSWERS contingency operation or to facilitate defense against or recovery from a nuclear, biological, chemical, or radiological attack, the threshold is a. $300,000 for any contract awarded and performed or purchased inside the United States b. $1 million for any contract awarded and performed or purchased inside the United States c. $1 million for any contract awarded and performed or purchased outside the United States d. b and c ...

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CFCM Study Guide Test Exam Questions with Correct Answers When Conducting Market Research, Agencies should request potential sources to submit: - Answer-generally only the minimum amount of information necessary. When determining price reasonableness under a commercial item acquisition, the CO may rely on "other than cost or pricing data" which means: - Answer-Data that may be identical to certified cost or pricing data except that no certification is required. Which of the followin...

CFCM Exam Practice Test study guide questions and answers verified 100% with latest updates 2023 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 onlin...

Which of the following statements is NOT true? a. The government encourages the maximum practicable commercial use of inventions made under government contracts. b. The government recognizes rights in data developed at private expense, and limits its demands for delivery of that data. c. The government requires that contractors obtain permission from copyright owners before including copyrighted works, owned by others, in data to be delivered to the government. d. Generally, the governmen...

CFCM STUDY EXAM SECTION #1 QUESTIONS AND ANSWERS