Cfcm exam prep 100solved - 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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