CFCM PREP STUDY GUIDE 2026
COMPREHENSIVE QUESTIONS AND
SOLUTIONS
◉ Which of the following is not one of the contracting officer's
authorities and responsibilities?
a. To obtain the lowest price on behalf of the government.
b. To enter into and sign contracts on behalf of the government.
c. To ensure that all requirements of law, executive orders,
regulations, and all other applicable procedures including clearances
and approvals have been met.
d. To terminate contracts and make related determinations and
findings.
Answer: a. To obtain the lowest price on behalf of the government.
FAR 1.6
◉ This term refers to consolidating two or more requirements for
supplies or services previously provided or performed under
separate or small contracts into a solicitation for a single contract
that is likely to be unsuitable for award to a small business concern.
a. Subcontracting
b. Grouping
,c. Joinder
d. Bundling
Answer: d. Bundling
FAR 2.101
◉ The standard micropurchase threshold is:
a. $3,000
b. $3,500
c. $2,500
d. $2,000
Answer: b. $3,500
FAR 2.101
◉ Which of the following is not considered an offer?
a. A response to a solicitation that, if accepted, would bind the
offeror to perform the resultant contract
b. A response to an invitation for quotations
c. A response to an invitation for proposals
d. A response to an invitation for bids
Answer: b. A response to an invitation for quotations
FAR 2.101
,◉ What is the federal policy on standards of conduct?
a. The general rule is to avoid strictly any conflict in government-
contractor relationships
b. The general rule is to avoid strictly any conflict of interest or even
the appearance of a conflict of interest in government-contract
relationships.
c. The general rule is to avoid strictly any conflict of interest except
for token gifts or gratuities in government-contractor relationships.
d. The general rule is to avoid conflict of interest in government-
contractor relationships, unless a full public disclosure is made.
Answer: b. The general rule is to avoid strictly any conflict of interest
or even the appearance of a conflict of interest in government-
contract relationships.
FAR 3.101-1
◉ The Kickbacks statute forbids a subcontractor from doing what?
a. Misrepresenting a contingent fee arrangement
b. Accepting a payment from a prime contractor for any reason
c. Making a payment for the purpose of obtaining favorable
treatment in connection with a prime contract or a subcontract
relating to a prime contract
d. Submitting an offer below anticipated costs, expecting to increase
the contract amount after award
, Answer: c. Making a payment for the purpose of obtaining favorable
treatment in connection with a prime contract or a subcontract
relating to a prime contract
FAR 3.502-2
◉ Which of the following would be buying-in?
a. Submitting an offer at negotiated costs to receive follow-on
contracts at artificially high prices
b. Submitting an offer below anticipated costs to receive follow-on
contracts at artificially high prices
c. Submitting an offer below negotiated costs with the expectation of
decreasing the contract amount after award
d. Submitting an offer above anticipated costs with the expectation
of decreasing the contract amount after award
Answer: b. Submitting an offer below anticipated costs to receive
follow-on contracts at artificially high prices
FAR 3.5
◉ The federal government shall use electronic commerce:
a. Only if there is no risk of loss or misuse of the information
b. As long as signatures are not provided electronically.
c. Whenever it is practicable or cost-effective.
d. For all transactions above the simplified acquisition threshold.
Answer: c. Whenever it is practicable or cost-effective.
COMPREHENSIVE QUESTIONS AND
SOLUTIONS
◉ Which of the following is not one of the contracting officer's
authorities and responsibilities?
a. To obtain the lowest price on behalf of the government.
b. To enter into and sign contracts on behalf of the government.
c. To ensure that all requirements of law, executive orders,
regulations, and all other applicable procedures including clearances
and approvals have been met.
d. To terminate contracts and make related determinations and
findings.
Answer: a. To obtain the lowest price on behalf of the government.
FAR 1.6
◉ This term refers to consolidating two or more requirements for
supplies or services previously provided or performed under
separate or small contracts into a solicitation for a single contract
that is likely to be unsuitable for award to a small business concern.
a. Subcontracting
b. Grouping
,c. Joinder
d. Bundling
Answer: d. Bundling
FAR 2.101
◉ The standard micropurchase threshold is:
a. $3,000
b. $3,500
c. $2,500
d. $2,000
Answer: b. $3,500
FAR 2.101
◉ Which of the following is not considered an offer?
a. A response to a solicitation that, if accepted, would bind the
offeror to perform the resultant contract
b. A response to an invitation for quotations
c. A response to an invitation for proposals
d. A response to an invitation for bids
Answer: b. A response to an invitation for quotations
FAR 2.101
,◉ What is the federal policy on standards of conduct?
a. The general rule is to avoid strictly any conflict in government-
contractor relationships
b. The general rule is to avoid strictly any conflict of interest or even
the appearance of a conflict of interest in government-contract
relationships.
c. The general rule is to avoid strictly any conflict of interest except
for token gifts or gratuities in government-contractor relationships.
d. The general rule is to avoid conflict of interest in government-
contractor relationships, unless a full public disclosure is made.
Answer: b. The general rule is to avoid strictly any conflict of interest
or even the appearance of a conflict of interest in government-
contract relationships.
FAR 3.101-1
◉ The Kickbacks statute forbids a subcontractor from doing what?
a. Misrepresenting a contingent fee arrangement
b. Accepting a payment from a prime contractor for any reason
c. Making a payment for the purpose of obtaining favorable
treatment in connection with a prime contract or a subcontract
relating to a prime contract
d. Submitting an offer below anticipated costs, expecting to increase
the contract amount after award
, Answer: c. Making a payment for the purpose of obtaining favorable
treatment in connection with a prime contract or a subcontract
relating to a prime contract
FAR 3.502-2
◉ Which of the following would be buying-in?
a. Submitting an offer at negotiated costs to receive follow-on
contracts at artificially high prices
b. Submitting an offer below anticipated costs to receive follow-on
contracts at artificially high prices
c. Submitting an offer below negotiated costs with the expectation of
decreasing the contract amount after award
d. Submitting an offer above anticipated costs with the expectation
of decreasing the contract amount after award
Answer: b. Submitting an offer below anticipated costs to receive
follow-on contracts at artificially high prices
FAR 3.5
◉ The federal government shall use electronic commerce:
a. Only if there is no risk of loss or misuse of the information
b. As long as signatures are not provided electronically.
c. Whenever it is practicable or cost-effective.
d. For all transactions above the simplified acquisition threshold.
Answer: c. Whenever it is practicable or cost-effective.
