CFCM EXAM ALREADY GRADED A+

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. 2. FAR Part 2: - This section contains the definitions of words and terms used throughout the Federal Acquisition Regulation. 3. When Does Acquisition Begin? - Acquisition begins at the point when agency needs are established, including the description of requirements, solicitation, selection of sources, and award of contracts. It encompasses all actions directly related to fulfilling agency needs through contracts. 4. Acquisition Planning: - A coordinated process among all personnel responsible for an acquisition, resulting in a comprehensive plan for fulfilling agency needs in a timely manner and at a reasonable cost. This includes developing the overall strategy for managing the acquisition. 5. Activity Address Code (AAC): - A distinct six-position code composed of alpha and/or numeric characters assigned to identify specific agency offices, units, or organizations. Assigned by the General Services Administration for civilian agencies and by the Department of Defense for defense agencies. 6. Adequate Evidence: - Information that is sufficient to support a reasonable belief that a particular act or omission has occurred. 7. Advisory and Assistance Services: - Services acquired to support or improve agency policy development, decision-making, management, and administration, or to enhance the operation of management systems. This can involve gathering outside points of view, advice on industry developments, expert opinions, and solutions to complex issues. 8. Affiliates: - Associated business concerns or individuals directly or indirectly controlling or being controlled by each other, or by a third party that controls or can control both. 9. Agency Head: - The highest executive official of an agency, such as the Secretary, Attorney General, Administrator, or another chief official of an executive agency, including any deputy or assistant officials. 10. Alternate: - A substantive variation of a basic provision or clause, which may involve adding or deleting words or substituting specific words for part of the basic provision or clause. 11. Architect-Engineer Services: - Professional services of an architectural or engineering nature performed by licensed or certified individuals, associated with research, planning, development, design, construction, alteration, or repair of real property. This can also include related professional services, such as studies and surveys. 12. Assignment of Claims: - The transfer by a contractor of its right to be paid by the Government for contract performance to a bank, trust company, or other financing institution, as security for a loan. 13. Assisted Acquisition: - A type of interagency acquisition where a servicing agency carries out acquisition activities on behalf of a requesting agency, including awarding and administering contracts or task orders. 14. Basic Research: