Adjusted acquisition cost - Study guides, Class notes & Summaries
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CFCM Practice Test Questions
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CFCM Practice Test Questions 
 
How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - 
Every 5 years 
 
A form of written approval signed by an authorized official that is required by statute or 
regulation as a prerequisite to taking certain contract actionsi s defined as a - determination 
and findings 
 
Contracting officers below the level of ___ shall be selected and appointed - a head of a 
contracting activity 
 
According to the FAR convention...
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CON 3900 Administer Contracts test questions and answers.
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The CO is a person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings. 
True 
 
 
What part of teh FAR prescribes policies and procedures for assigning and perofrming contract administration and contract audit services? 
42 
 
 
The CO may delegate additional functions to the CAO beyond those listed in FAR 42.302 
False 
 
 
In a postaward meeting, the CO will conduct a preliminary meeting of government personnel and will designa...
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CFCM Practice Test Questions and Answers Graded A+ - Latest Updated 2024/2025 (Solved)
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CFCM Practice Test Questions and Answers Graded A+ - Latest Updated 2024/2025 (Solved) How often are statutory acquisition-related dollar 
thresholds in the FAR adjusted for inflation? - answerEvery 5 years 
A form of written approval signed by an authorized 
official that is required by statute or regulation as a 
prerequisite to taking certain contract actionsi s 
defined as a - answer-determination and findings 
Contracting officers below the level of ___ shall be 
selected and appointed - an...
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Bus 111 Questions and Answers | New One | Grade A+
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What are the steps to record common stock?? 
Ans: Journal entry purchase long-term equipment 
What are the steps to record the payment of dividends? 
Ans: Bank deposit 
What are the steps to record the acquisition of the fixed asset for a note payable 
Ans: Journal entry process 
What are the steps to record acquisition of a fixed asset using a check? 
Ans: create fixed asset account 
equipment 
original cost 
accumulated depreciation 
what is an unadjusted trial balance 
Ans: before adj entries...
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CFCM Prep Questions 2024/2025 Questions with Answers 100% CORRECT
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CFCM Prep Questions 2024/2025 Questions with Answers 
100% CORRECT 
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CFCM Prep Questions 2024/2025 Questions with Answers 
100% CORRECT 
 
Exchanges of information among all interested parties are encouraged - Answer 
 from the earliest identification of a requirement through receipt of proposals 
 
FAR Part 24. Protection of Privacy and Freedom of Information. The Freedom of Info 
Act provides that info is to be made availab...
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CPPA Module 3 Exam 182 Questions with Verified Answers,100% CORRECT
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CPPA Module 3 Exam 182 Questions with Verified Answers 
 
Prior to nineties, what two regulations dictated property management industry? - CORRECT ANSWER 1. Federal Acquisition Regulation (FAR) part 45 "Government Property" 
 
2. Federal Property Management Regulations (FPMR), for non-federal employees 
 
In NPMA, what is meant by "property"? - CORRECT ANSWER Government property 
 
What is the goal of the American National Standards Institute (ANSI)? - CORRECT ANSWER To enhance both the glob...
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Real Estate Broker License Exam Vocabulary (IL) Complete Answers
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Real Estate Broker License Exam Vocabulary (IL) Complete Answers 
Abstract and attorney's opinion of title An opinion of title status based on a review of the abstract by 
an attorney. Similar to a certificate of title, the opinion of title does not protect against defects that 
cannot be discovered from the public records. 
Abstract of title The condensed history of a title to a particular parcel of real estate, consisting of a 
summary of the original grant and all subsequent conveyances...
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Solutions Manual For Fundamental Accounting Principles (Volume 2) 15TH Canadian Edition By Larson/Jensen/Dieckmann
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Solutions Manual For Fundamental Accounting Principles Volume 2 15TH Canadian Edition By Larson/Jensen/Dieckmann. $18,000 + $180,000 + $3,000 + $600 = $201,600 
Quick Study 9-2 (10 minutes) 
1. (a) R 
(b) C 
(c) R 
(d) C 
2. 
(a) 
Mar. 15 Repairs Expense ................................. 120 
Accounts Payable .......................... 120 
To record repairs. 
(b) 
Mar. 15 Refrigeration Equipment .................... 40,000 
Accounts Payable .......................... 40,000 
To record capital e...
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Taxation- REG CPA Exam Questions and Answers 100% Solved | Latest Update
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Taxation- REG CPA Exam Questions and 
Answers 100% Solved | Latest Update 
Ordinary Assets - Depreciable business property held for one year or 
less than one year (created assets) 
Examples: inventory, AR, creative works, etc. 
1231 Assets - Depreciable business property held for more than one 
year 
Capital Assets - anything not ordinary/1231 assets (personal and 
investment assets, goodwill) 
Calculation of Realized Gain/Loss - Amount Realized - Adjusted Basis 
Amount Realized - Cash received...
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CFCM Practice Test Questions with 100% Correct Solutions [2024/2025]
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CFCM Practice Test Questions with 
100% Correct Solutions [2024/2025] 
 
CFCM Practice Test Questions with 
100% Correct Solutions [2024/2025] 
 
 
__ may be used for emergency acquisitions when contract performance must begin 
immediately - Answer letter contracts 
 
____ is any money, fee, commission, credit, gift, gratuity, thing of value, or 
compensation of any kind which is provided directly or indirectly, to any prime 
contractor, prime contractor employee, subcontractor, or s...
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