Cpcm test terms - Study guides, Class notes & Summaries

CPCM Test Terms Complete Questions And Answers | 2023/2024 Quiz CPCM Test Terms Complete Questions And Answers | 2023/2024 Quiz

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CPCM Study Guide Questions with Correct Answers Basic Agreement - Answer-written negotiated agreement between the buyer and seller that contains terms and conditions and serves as an agreement for future contracts between the parties but is not considered a contract RFQ - Answer-normally used in simplified acquisition or negotiated procurement when award will be made after negotiations. Only considered a contract through supplier signature or the start of work. acid test ratio - Answer-ho...

CPCM 17 Test Questions and Answers All Correct The Service Contract Act - Answer-This legislation requires contractors and subcontractors performing services on covered federal or District of Columbia contracts over a certain dollar threshold to pay service employees in various classes no less than the monetary wage rates and to furnish fringe benefits found prevailing in the locality or in a collective bargaining agreement: service Contract Act and Davis-Bacon Act - Answer-A determination b...

CPCM Study Guide with Questions and Answers liabilities + Shareholder's Equity ANSWER assets on a balance sheet Income - Expenses ANSWER net income Gross Profit- Expenses ANSWER net operating income Cash + Accounts Receivable + Short Term Investment/current liabilities ANSWER acid test ratio current assets/current liabilities ANSWER current ratio technical transfusion ANSWER disclosing technical info pertaining to a proposal that results in improvement of a competing proposal ...

CPCM Practice Test Questions with Correct Answers Competitive negotiation - Answer-A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract - Answer-A contract for...

CPCM Practice Test Questions with Correct Answers Competitive negotiation - Answer-A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract - Answer-A contract for...

CPCM Practice Test Questions with Correct Answers Competitive negotiation - Answer-A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract - Answer-A contract for...

CPCM Practice Test Questions with Correct Answers Competitive negotiation - Answer-A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract - Answer-A contract for...

CPCM Practice Test Questions with Correct Answers Competitive negotiation - Answer-A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract - Answer-A contract for...