Matts cfcm questions Study guides, Class notes & Summaries

The Federal Acquisition System was established for the codification and publication of uniform policies and procedures for acquisition by all legislative agencies. True or False? False. " . . .for acquisition by all EXECUTIVE agencies." FAR 1.1 What is the primary document (and agency regulations that implement or supplement this document) of the Federal Acquisition Regulations System? a. Code of Federal Regulations (CFR) b. The Defense Acquisition Regulations (DAR) c. The U.S....

Matt's CFCM Questions. FAR Part 19. Small Business Programs

Matt's CFCM Questions: FAR Part 13. Simplified Acquisition Procedures

Matt's CFCM Questions. FAR Part 13. Simplified Acquisition Procedures

Matt's CFCM Questions: FAR Part 13. Simplified Acquisition Procedures Questions and Answers 100% Correct

Matt's CFCM Questions. FAR Part 19. Small Business Programs

The act of an authorized representative of the government by which the government, for itself or as an agent of another, assumes ownership of existing identified supplies tendered or approves specific services rendered as partial or complete per performance of the contract. a. acceptance b. off-the-shelf item c. latent defect. d. patent defect a. acceptance FAR 46.1 Any item produced and place in stock by a contractor or stocked by a distributor before receiving orders or contra...

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 offered for sale, lease, or license to the general public a. i only b. ii only c. both i and ii d. neither i and ii - correct answer c. both i and ii FAR 12.1 & FAR 2.101 If there have been advances in technology or performance of an item that is not yet av...

Matt's CFCM Questions: FAR Part 1. Federal Acquisition Regulations System

Matt's CFCM Questions: FAR Part 44. Subcontracting Policies and Procedures UPDATED Exam Questions and CORRECT Answers If the contractor has an approved purchasing system, consent is required for subcontracts specifically identified by the CO in the subcontracts clause of the contract. True or False? - Correct ANSWER- True. FAR 44.2 If the subcontractor does not have an approved purchasing system, consent to subcontract is required for a. cost-reimbursement b. time and materials