100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CTCM Exam B Questions and Answers 2024 $17.99   Add to cart

Exam (elaborations)

CTCM Exam B Questions and Answers 2024

 5 views  0 purchase
  • Course
  • Institution

Exam of 22 pages for the course CFCM - Certified Federal Contract Manager at CFCM - Certified Federal Contract Manager (CTCM Exam B)

Preview 3 out of 22  pages

  • June 6, 2024
  • 22
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
CTCM Exam B


Vendor Communication consists of all of the following except.
A. Avoids situations that could appear to show favoritism to a specific vendor
B. is constant throughout the life of a contract
C. Allows communication by the end user during solicitation as long as they
communicate to all vendors
D. Is allowable and unallowable depending on the circumstance. - answer C. Allows
communication by the end user during solicitation as long as they communicate to all
vendors

The Statewide Procurement Division is part of the Comptroller's office and is
responsible for everything except.
A. Is directed by the State of Texas Chief Procurement Officer
B. Assists and oversees all statewide procurement
C. Provides assistance to procurement professionals conducting procurements under
delegated authority
D. Responsible for the training program for all State of Texas Purchasers - answer A.
Is directed by the State of Texas Chief Procurement Officer

Procurement consists of the following roles:
A. Purchasing, Contract Development and Contract Monitoring
B. Contract Management, Purchasing and Contract Development
C. Procurement, Statement of Work and Vendor Oversight
D. Procurement, Contract Development and Contract Management - answer B.
Contract Management, Purchasing and Contract Development

To obtain Certification as a Contract Developer or Manager in the state you must:
A. Attend the required training classes
B. Pass the exam with a grade of 80 or above
C. Have a minimum of 1 year experience purchasing
D. All of the above - answer D. All of the above

The Procurement Oversight & Delegation Team reviews the following contracts except:
A. Conducts reviews and delegation of authority for services of $100,000 or greater
B. Solicitations with value of $5 million or greater coordinates the review
C. All Major Information Resources Projects
D. Answer questions and provides advice at any time during solicitation - answer D.
Answer questions and provides advice at any time during solicitation

The CMBL Stands for:

,A. Central Master Bid List
B. Centralized Master Bidder's List
C. Centralized Master Bid Log
D. Comptroller Master Bid List - answer B. Centralized Master Bidder's List

The Historically Underutilized Business Program consists of the following except:
A. Promotes full equal business opportunities to remedy disparity in state procurement
B. Requires agency to report HUB activity every 6 months to the Comptroller
C. Requires agencies to conduct business with HUBs
D. Is applicable to all state agencies and institutions of higher education - answer C.
Requires agencies to conduct business with HUBs

Texas Smartbuy is the online ordering system used to place orders for commodities on
term contract.
TRUE or FALSE. - answer False

Purchasing is the action taken prior to contract execution, including the receipt and
processing of requisitions,
Assessment of need, development and review of specifications, development and
review of SOW, selection of
procurement method, preparation of evaluation criteria, and preparation and completion
of contract award documents.
TRUE or FALSE. - answer True

Contract Management is the term that applies to actions taken following contract
execution.
TRUE or FALSE. - answer True

State agencies must purchase goods and services offered through TIBH ("WorkQuest")
that meet the reasonable requirements of the agency unless it costs less to obtain from
a different source.
TRUE or FALSE. - answer FALSE ; For products and services offered through the
State Use Program, agencies are not required to use WorkQuest provided products or
services if they do not meet the agency's specifications as to quantity, quality, delivery
time, or life cycle costs. Price is not a factor used in the comparison of other sources to
WorkQuest-provided products or services.

Dollar thresholds for items purchased under a DIR contract are all except:
A. $1 million to $5 million must obtain pricing from at least 6 vendors in the category
B. Under $50,000 may directly award to a vendor in the category
C. $50,000 to $1 million must obtain pricing from at least 3 vendor in the category
D. Exceed $5 million must obtain pricing from all vendor in the category - answer D.
Exceed $5 million must obtain pricing from all vendor in the category

Reason: Not allowable unless DIR coordinated BULK purchase. An agency may not
enter into a contract to purchase a commodity item through the DIR Cooperative

, Contracts Program if the value of the contract exceeds $5 million unless it is a DIR
coordinated bulk purchase

Purchase of goods available from WorkQuest (formerly TIBH) but obtained from a
different source are made under an exception and must be reported to the CPA
monthly.
TRUE or FALSE. - answer TRUE ;
Reason: SPD's State Use Program. Report through SPD's State Use Program
exception reporting tool each month the reason that products or services that could
have been purchased from WorkQuest on behalf of a CRP, were purchased from
another source.

Items available between TIBH and TCI rarely overlap, but if they do, it is recommended
to select items from TIBH. ("WorkQuest')
TRUE or FALSE. - answer TRUE ;
Reason: TCI is a governmental agency so it should always get preference

The SPD delegates to all state agencies the authority to purchase commodities and
services whose estimated purchase price:
A. Does not exceed $50,000
B. Does not exceed $50,000 for commodities and $100,000 for services
C. Does not exceed $50,000 for commodities, $100,000 for services and $5,000,000 for
IT items - answer B. Does not exceed $50,000 for commodities and $100,000 for
services

Reason: (1) SPD delegates the purchasing functions of one-time purchases of goods,
including goods for the resale, which do not exceed $50,000 ; (2) SPD delegates the
purchasing functions of services, including services for resale, the estimated cost of
which does not exceed $100,000

DIR exemptions are approved in all except:
A. One-Time Exemption Requested through DIR portal.
B. Blanket Exemption from list maintained on DIR website
C. Obtaining approval directly from LBB
D. One-Time expedited exemption requested with statement from head of requesting
state agency. - answer C. Obtaining approval directly from LBB

Reason: LBB is it's own thing. An agency may obtain an exemption or waiver from the
requirement to use a DIR Contract to purchase an IT commodity item in one of three
ways: (1) DIR exemption, (2) LBB approval, or (3) DIR certification. A, B and C of this
multiple choice question all come under the DIR Exemption category which is totally a
separate thing from the LBB approval

A Direct Publication Purchase consists of all of the following except:
A. Commodity or services only available from the Publisher
B. Back issues of magazines, journals, and newspapers

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller jw638729. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79373 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.99
  • (0)
  Add to cart