CFCM EXAM PAPERS PACKAGE DEAL ALL ANSWERS CORRECT

CFCM Week 7 Questions If a contractor is infringing a copyright with the consent of the government: ️the copyright holder may sue the government for monetary damages Does a $75,000 claim resulting from a reduction of $350,000 and an increase of $275,000 require certification? ️Yes, the a...

CFCM Practice Test Questions All Answers Correct 1. Adjustment of Statutory Acquisition-Related Dollar Thresholds: - Statutory dollar thresholds in the FAR are adjusted for inflation every 5 years. ️ 2. Determination and Findings: - A form of written approval, signed by an authorized official,...

Certified Federal Contracts Manager (CFCM) Federal Procurement and Contracting Principles 1. Cost Reasonableness: - A cost is considered reasonable if, in its nature and amount, it does not exceed that which would be incurred by a prudent person in the conduct of competitive business. ️ 2....

CFCM EXAM ALREADY GRADED A+ 1. Acquisition: - The process of acquiring, by contract with appropriated funds, supplies or services (including construction) for the Federal Government through purchase or lease, whether existing or needing to be created, developed, demonstrated, and evaluated. ...

CFCM Practice Exam All Answers Correct Key Procurement Concepts and Answers 1. Certificate of Competency: - A certificate issued by the Small Business Administration (SBA) stating that the holder is responsible for the purpose of receiving and performing a specific Government contract. 2. F...

CFCM Exam Practice Test Graded A+ 1. Certificate of Competency: - A certificate issued by the Small Business Administration (SBA) stating that the holder is responsible for receiving and performing a specific Government contract. ️ 2. Fast Payment Procedure Limitation: - Except as specifical...