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FCCM REVISED (110 QUESTIONS) ANSWERED CORRECTLY SET TO SCORE A+ £10.43
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FCCM REVISED (110 QUESTIONS) ANSWERED CORRECTLY SET TO SCORE A+

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FCCM REVISED (110 QUESTIONS) ANSWERED CORRECTLY SET TO SCORE A+ state employees are not allowed to procure a contract in which they (or friends) have more than _______ - Answer-5% interest each budget line must be - Answer-allowable, reasonable, necessary and allocable cost analysis is lega...

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  • January 8, 2025
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FCCM REVISED
  • FCCM REVISED
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FCCM REVISED (110 QUESTIONS)
ANSWERED CORRECTLY SET TO
SCORE A+
state employees are not allowed to procure a contract in which they (or friends) have
more than _______ - Answer-5% interest

each budget line must be - Answer-allowable, reasonable, necessary and allocable

cost analysis is legally required for _____ - Answer-noncompetitive agreements

cost analysis is best practice for _____ - Answer-agreements with recipiients or cost
reimbursement agreements

sources of authority for state funds - Answer-florida statutes, florida administrative code,
CFO memos, reference guide for state expenditures, catalog of state financial
assistance

sources of authority for federal funds - Answer-catalog of federal domestic assistance, 2
CFR part 200

allocation - Answer-how much time are employees working on this program?

required in contract - Answer-deliverables, financial consequences, scope of work

deliverables should be - Answer-quantifiable, measurable and verifiable

performance expectation should correspond with payment schedule - Answer-
quarterly/quarterly, monthly/monthly

financial consequences are required for awards greater than - Answer-35k

contract manager responsibilities - Answer-managing receipt of services,
monitoring/evaluating provider performance & user satisfaction, serving as liaison with
provider, cost reconciliation (grants)

important contract manager responsibility - Answer-maintaining contract management
file & providing written certification that services were completed

how long to have things uploaded to FACTS? - Answer-30 days

, can you add additional requirmenta to contract in after contract meeting - Answer-no

after contract meeting... - Answer-provide a list of action items and responsible parties

XXXX working days to observe supplies and materials before payment is made -
Answer-five

XXXX days to process invoices - Answer-20

not required on contract - Answer-liquidated damages, settlement agreements

amendments cannot be - Answer-retroactive

renewals can be up to - Answer-3 years or length of contract, whichever is longer

renewals cannot be made on contracts that are - Answer-single source or emergency

renewals must be done - Answer-before expiration date of original contract

to process a rewnewal you must provide - Answer-evidence of satisfactory performance

extensions are for - Answer-six months max

extensions must have - Answer-same terms and conditions as original

how many extensions are allowed? - Answer-one (outside of events "beyond control,"
i.e., the government's fault)

when are assignments used? - Answer-mergers or buyouts

Chapter 112 (Part iii) Florida Statutes - Answer-Code of Ethics or Public Officers and
Employees

Category 1 starts at - Answer-$20k

Category 2 starts at - Answer-$35k

Category 3 starts at - Answer-$65k

Category 4 starts at - Answer-$195k

Category 5 starts at - Answer-$325k

if the contract is greater than $ 1 million in a fiscal year, you need XXXXX to negotiate -
Answer-Florida Certified Contract Negotiator

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