CFCM Exam Bundle. Verified.

Certified Federal Contracts Manager (CFCM) Exam Review Questions and answer A cost is reasonable if, in its nature and amount, it does not exceed - that which would be incurred by a prudent person in the conduct of competitive business. Advance Agreements should not be negotiated - after the...

CFCM- Part 1, 2, 3, 4, 5, 7, 10, 11, and 23 Exam Review Questions and answers, verified/ Who does the FAR apply to? - all executive agencies Acquisition Team - all participants in government acquisition (including contractors and customers) Deviation - issuance of a policy, etc. inconsistent o...

CFCM Study Guide: FAR Part 1. Federal Acquisition Regulations System. Questions and answers, verified/ How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? a. annually b. bi-annually c. every five years d. only as required - c. every 5 years FAR ...

CFCM Study Guide Questions and answers, rated A+ 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 paym...

CFCM Questions: ULTIMATE STUDY GUIDE Questions and answers, verified/ The Federal Acquisition System was established for the codification and publication of uniform policies and procedures for acquisition by all legislative agencies. True or False? - False. " . . .for acquisition by all EXEC...

CFCM Questions: ULTIMATE STUDY GUIDE Questions and answers, rated A+ The Federal Acquisition System was established for the codification and publication of uniform policies and procedures for acquisition by all legislative agencies. True or False? - -False. " . . .for acquisition by all EXEC...

CFCM Prep Questions Exam Review Questions and answers, rated A+ How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? (a) Annually (b) Bi-annually (c) Every five years (d) Only as required - -(c) Every five years (FAR 1.109) A form of written appr...

CFCM Practice Test Questions & Answers, VERIFIED/ RATED A+ 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...

CFCM Practice Test Questions and answers, VERIFIED/ How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation. a. Annually b. Bi-Annually c. Every five years d. Only as required - -C. Every five years FAR 1.109 A form of written approval signed by an au...

CFCM Practice Questions & Answers, VERIFIED/ (2) First Article testing and approval IS NOT normally required for a. Products normally sold in the commercial market b. Products larger than a bread basket c. Products offered by AbilityOne sellers d. Products with more than a 2-year warranty - A...

CFCM Practice Exam Review Questions and answers, VERIFIED/ What is a Certificate of Competency? - -A certificate issued by the SBA stating that the holder is responsible, for the purpose of receiving and performing a specific Government contract What law specifies how agencies shall make their...

CFCM Final Review Questions and answers, verified/ The FAR is prepared, issued, and maintained by: a. The Executive Office of the President. b. The Office of Management and Budget and the General Services Administration. c. The Secretary of Defense, the Administrator of General Services, and t...

Cfcm exam Review Questions and answers, VERIFIED/ Questions BANK/ ALL QUESTIONS AVAILABLE The contracting officer to the extent Practicable provide maximum participation to small biz,sdvosb, vosb, hub zone , women owned. Contracting officers must take the following steps. - 1. Plan an acquis...

CFCM Exam Review Questions and answers, rated A+/ VERIFIED/ 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...