Cfcm exam study Study guides, Class notes & Summaries

What is the FAR system? - for acquisitions by all executive branches What is the FAR system? - The FAR and all agency acquisition regulations that implement or supplement the FAR What is the vision for federal acquisition? Timely $PS Policy and Trust - deliver on a timely basis the best value product or service to the customer, while maintaining the public's trust and fulfilling public policy objectives FAR 1.102(a) What are the guiding principles? CQT for the PS - Satisfy the c...

Which of the following is NOT a reason to contract for Advisory and Assistance services? - Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials Which of the following contract types is prohibited by the Federal Acquisition Regulation for federal agencies and prime contractors? - cost-plus-a-percentage-of-cost The Contract Disputes statute covers - claims by a contractor against the Government. Performance-based contracts -...

CFCM Exam Study Guide | 160 Questions and Answers | latest 2023-2024

CFCM Study Guide- FULL TEST new exam update solved solution guide with actual questions and answers Which of the following statements is NOT true? a. The government encourages the maximum practicable commercial use of inventions made under government contracts. b. The government recognizes rights in data developed at private expense, and limits its demands for delivery of that data. c. The government requires that contractors obtain permission from copyright owners before including copy...

CFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete SolutionsCFCM Exam Study Guide with Complete Solutions Which of the following is NOT a reason to contract for Advisory and Assistance services? - ANSWER-Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials Which of the following contract types is prohibited by the Federal Acquisition Regulation for feder...

CFCM EXAM STUDY GUIDE NOVEMBER 2023/2024 QUESTIONS AND ANSWERS GRADED A+

CFCM Exam Study Guide with Complete Solutions

Certificate of Competency - issued by the SBA stating that the holder is responsible for the purpose of receiving and performing a specific government contract (FAR 19.601(a)) Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? - $35,000 (FAR 13.402(a)) What can a contractor access online at ? - Government-wide Point of Entry (GPE) (FAR 5.201(d)) How is the publication of a paid adve...

CFCM Exam Study Guide with Complete SolutionWhich of the following is NOT a reason to contract for Advisory and Assistance services? - ANSWER-Obtain work of a policy, decision-making, or managerial nature which is the direct responsibility of agency officials Which of the following contract types is prohibited by the Federal Acquisition Regulation for federal agencies and prime contractors? - ANSWER-cost-plus-a-percentage-of-cost The Contract Disputes statute covers - ANSWER-claims by a co...

Certificate of Competency - issued by the SBA stating that the holder is responsible for the purpose of receiving and performing a specific government contract (FAR 19.601(a)) Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? - $35,000 (FAR 13.402(a)) What can a contractor access online at ? - Government-wide Point of Entry (GPE) (FAR 5.201(d)) How is the publication of a paid adve...