FCCM Exam Questions and Answers Already Passed

FCCM Exam Questions and Answers Already Passed How long after an employee leaves a position with the state can they be employed by a business that had a contract the agency employee managed at their former agency? 2 Years Agency employees with the power to make purchases exceeding $35k are required to file a Limited Financial Disclosure (FORM 1) by what date to the Commission on Ethics? July 1 Which of the following is true about the Code of Ethics? The Code has standards that apply to agency employees and their families_____ (pick ONE) Can extend beyond their period of employment Alternate contract source, single source, PRIDE, and RESPECT are all examples of which category of purchase? Exceptional Purchase A contract for services that pays the provider a set amount for each hour worked is an example of which payment method? Fixed Rate Each method of competitive solicitation has a different focus. For a Request for Proposals (RFP), the focus is on... Price, plus quality Which statement below is TRUE about Forms PUR 1000 "General Contract Conditions" and PUR 1001 "General Instructions to Respondents" for all competitive procurements? Both forms must be used If the solicitation is a Category _____ or higher, the agency head is required to appoint at least 3 members to the negotiation team. Four: $195k The Florida Statutes require notices of public meetings in the ____ and on the agency's website at least 7 days prior to the meeting. Florida Administrative Register (FAR) Which two methods can be used to respond to vendor questions while a solicitation is active? Written Q & A period; pre-response conference (you can always also ask procurement officer!) Performing a cost analysis is _____ for all agreements awarded on a non-competitive basis. Legally required Vendor Y has filed a written notice of protest with Agency X. How long does Vendor Y have to officially file the formal written protest with Agency X? 10 days Which of the following BEST describes the Deliverables and Performance Measures that must be included in the contract? Quantifiable, verifiable, measurable and must be received and accepted in writing before payment is issued At a minimum, before a contract in excess of $65k (Cat. 3) is executed, all of the following reviews must be conducted EXCEPT a _____ review. Political (Legal, Financial and Programmatic required) An example of a financial consequence would be specifying which of the following in a contract? A $1k reduction of payment for non-compliance According to section 287.057 Florida Statutes, serving as a liaison to the provider is a responsibility of the contract______. Manager Invoices, certified receipts, voucher copies, and expenditure tracking can be best categorized as examples of _____ documentation. Payment The provider on-boarding meeting is ______ to add additional requirements to the contract's Scope of Work. Never used _________ monitoring involves tasks such as determining whether state funds are accounted for, ensuring that interest earned was reported correctly, sampling receipts to ensure expenditures match reports, and comparing expenses from one year to the next Fiscal _____ are used by contract managers to interview staff, review personnel and fiscal records, and witness provider operations first hand. On-site observations _____ are required for all agreements for contractual services in excess of $35k (Cat 2) and all agreements of any amount that provide state or federal financial assistance. Financial Consequences You manage a contract for office supplies. You have received the supplies you ordered including a complete and accurate invoice for those supplies. According to section 215.422(1), Florida Statutes, how many days does your agency have to file the invoice with the CFO? 20 _____ are an increase in the length of an original contract that may not exceed 6 months. Extensions When closing out a contract, the contract manager must verify that certain items have been submitted and accepted, EXCEPT for ______. *Next year's funding appropriation Final payments to the provider Deliverables The final invoice