Cfcm exam stuvia - Study guides, Class notes & Summaries

CFCM Practice Exam Questions and Answers (Graded A)CFCM Practice Exam Questions and Answers (Graded A)CFCM Practice Exam Questions and Answers (Graded A)CFCM Practice Exam Questions and Answers (Graded A) What is a Certificate of Competency? - ANSWER-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 records available upon public request, impose...

CFCM Study Exam section 1 Questions and Answers (Graded A)CFCM Study Exam section 1 Questions and Answers (Graded A)CFCM Study Exam section 1 Questions and Answers (Graded A)CFCM Study Exam section 1 Questions and Answers (Graded A) What is the primary document of the Federal Acquisition Regulation System? (FAR 1.1) - ANSWER-FAR, the Federal Acquisition Regulation Best Value (FAR 2.1): - ANSWER-The expected outcome of an acquisition that, in the government's estimation, provides the great...

Commercial Item" under FAR Part 12 (for MCQs)? - ANSWER-1. Any item, other than real property, that is of a type customarily used by the general public or by non-governmental entities for purposes other than governmental purposes, and— (i) Has been sold, leased, or licensed to the general public; or (ii) Has been offered for sale, lease, or license to the general public; 2. Any item that evolved from an item described in paragraph (1) of this definition through advances in technology or ...

What is a Certificate of Competency - ANSWER-A certificate issued by the SBA stating that the holder is responsible for the purpose of receiving and performing a specific Government contract Except as specifically permitted by executive agencies, the fast payment procedure may not be used for individual purchasing instruments exceeding what amount? - ANSWER-$35,000 What can a contractor access online at ? - ANSWER-The government wide point of entry Size Standards - ANSWER-FAR 19.102(b)(...

What is the primary document of the Federal Acquisition Regulation System? (FAR 1.1) - ANSWER-FAR, the Federal Acquisition Regulation Best Value (FAR 2.1): - ANSWER-The expected outcome of an acquisition that, in the government's estimation, provides the greatest overall benefit in response to the requirement. Claim (FAR 2.1): - ANSWER-A written demand or written assertion by one of the contracting parties seeking the payment of money in a sum certain, the adjustment or interpretation of ...