1
CFCM Practice Test Questions and Answers Latest
Updated 2024/2025 (Solved)
书山有路勤为书山有路勤为径，学海无涯苦作舟书
•
山书山有路勤为径，学海无涯苦作舟有路勤为径，
How often学海无涯苦作舟径，学海无涯苦作舟
are statutory acquisition-related dollar thresholds in the FAR
adjusted for inflation? - (answers)Every 5 years
A form of written approval signed by an authorized official that is required by
statute or regulation as a prerequisite to taking certain contract actionsi s
defined as a - (answers)determination and findings
Contracting officers below the level of ___ shall be selected and appointed -
(answers)a head of a contracting activity
According to the FAR conventions at Subpart 1.1, each authority is delegable
unless - (answers)specifically stated otherwise
When an imperative sentence directs action in the FAR, who is responsible for
the action unless another party is expressly cited? - (answers)the CO
Unauthorized commitments are agreements that are NOT binding solely
because - (answers)the government representative who made the agreement
lacked the authority to enter into it
The simplified acquisition threshold for any contract in support of contingency
operations to be awarded and performed, or purchase to be made, outside of
the united states is - (answers)1 million
Commercial Item - (answers)A non developmental item, if the procuring agency
determines the item was developed exclusively at private expense and sold in
, 2
substantial quantities, on a competitive basis, to multiple state and local
governments
书山有路勤为书山有路勤为径，学海无涯苦作舟书
山书山有路勤为径，学海无涯苦作舟有路勤为径，
Consolidating 2 or more requirements for supplies or services, previosuly
provided or学海无涯苦作舟径，学海无涯苦作舟
performed under seperate smaller contracts, into a solicitation for
a single contract that is likely to be unsuitable for award to a small business
concern is defined as - (answers)bundling
Which of the following are included in the definitions of "contracts" -
(answers)letter contracts and job orders
The government can minimize the opportunity for buying in by using which of
the following techniques - (answers)multiyear contracting, priced options, and
amortization of nonrecurring costs
A contractor's arrangements to pay contingent fees for soliciting government
contracts have long been considered contrary to public policy because -
(answers)they may lead to exercise of improper influence
____ is any money, fee, commission, credit, gift, gratuity, thing of value, or
compensation of any kind which is provided directly or indirectly, to any prime
contractor, prime contractor employee, subcontractor, or subcontractor
employee for the purpose of improperly obtaining or rewarding favorable
treatment in connection with a prime contractor in connection with a
subcontract relating to a prime contract - (answers)Kickback
A contract with a corporation shall be signed by - (answers)in the corporate
name, followed by the word "by" and the signature and title of the person
authorized to sign
, 3
Contractors must retain all records pertaining to a government contract for a
minimum or __ years - (answers)3 years from the date of final payment, unless
otherwise specified
书山有路勤为书山有路勤为径，学海无涯苦作舟书
山书山有路勤为径，学海无涯苦作舟有路勤为径，
Contractor学海无涯苦作舟径，学海无涯苦作舟
representations and certifications - (answers)are submitted through
the System for Award Management
Agencies must implement OMB guidance for personal identity verification
when - (answers)contractors have routine physical access to either a federally
controlled facility or information system.
Dollar threshold for public announcement of contract awards -
(answers)$4,000,000
Acceptable methods for disseminating information on proposed contract
actions include - (answers)announcements in magazines at no cost, assisting a
local trade association in disseminating information to their members, and
synopsis in the government wide point of entry
What is the minimum response time for receipt of bids or proposals for
noncommercial item solicitations - (answers)30 days from the date of
publication of a proper notice of intent to contract
The contracting officer's certification can serve as approval of the justification
for other than full and open competition for a proposed contract NOT
exceeding - (answers)$700,000
FAR Part 6, "Competition Requirements," applies to which of the following? -
(answers)A $1M contract for services
CFCM Practice Test Questions and Answers Latest
Updated 2024/2025 (Solved)
书山有路勤为书山有路勤为径，学海无涯苦作舟书
•
山书山有路勤为径，学海无涯苦作舟有路勤为径，
How often学海无涯苦作舟径，学海无涯苦作舟
are statutory acquisition-related dollar thresholds in the FAR
adjusted for inflation? - (answers)Every 5 years
A form of written approval signed by an authorized official that is required by
statute or regulation as a prerequisite to taking certain contract actionsi s
defined as a - (answers)determination and findings
Contracting officers below the level of ___ shall be selected and appointed -
(answers)a head of a contracting activity
According to the FAR conventions at Subpart 1.1, each authority is delegable
unless - (answers)specifically stated otherwise
When an imperative sentence directs action in the FAR, who is responsible for
the action unless another party is expressly cited? - (answers)the CO
Unauthorized commitments are agreements that are NOT binding solely
because - (answers)the government representative who made the agreement
lacked the authority to enter into it
The simplified acquisition threshold for any contract in support of contingency
operations to be awarded and performed, or purchase to be made, outside of
the united states is - (answers)1 million
Commercial Item - (answers)A non developmental item, if the procuring agency
determines the item was developed exclusively at private expense and sold in
, 2
substantial quantities, on a competitive basis, to multiple state and local
governments
书山有路勤为书山有路勤为径，学海无涯苦作舟书
山书山有路勤为径，学海无涯苦作舟有路勤为径，
Consolidating 2 or more requirements for supplies or services, previosuly
provided or学海无涯苦作舟径，学海无涯苦作舟
performed under seperate smaller contracts, into a solicitation for
a single contract that is likely to be unsuitable for award to a small business
concern is defined as - (answers)bundling
Which of the following are included in the definitions of "contracts" -
(answers)letter contracts and job orders
The government can minimize the opportunity for buying in by using which of
the following techniques - (answers)multiyear contracting, priced options, and
amortization of nonrecurring costs
A contractor's arrangements to pay contingent fees for soliciting government
contracts have long been considered contrary to public policy because -
(answers)they may lead to exercise of improper influence
____ is any money, fee, commission, credit, gift, gratuity, thing of value, or
compensation of any kind which is provided directly or indirectly, to any prime
contractor, prime contractor employee, subcontractor, or subcontractor
employee for the purpose of improperly obtaining or rewarding favorable
treatment in connection with a prime contractor in connection with a
subcontract relating to a prime contract - (answers)Kickback
A contract with a corporation shall be signed by - (answers)in the corporate
name, followed by the word "by" and the signature and title of the person
authorized to sign
, 3
Contractors must retain all records pertaining to a government contract for a
minimum or __ years - (answers)3 years from the date of final payment, unless
otherwise specified
书山有路勤为书山有路勤为径，学海无涯苦作舟书
山书山有路勤为径，学海无涯苦作舟有路勤为径，
Contractor学海无涯苦作舟径，学海无涯苦作舟
representations and certifications - (answers)are submitted through
the System for Award Management
Agencies must implement OMB guidance for personal identity verification
when - (answers)contractors have routine physical access to either a federally
controlled facility or information system.
Dollar threshold for public announcement of contract awards -
(answers)$4,000,000
Acceptable methods for disseminating information on proposed contract
actions include - (answers)announcements in magazines at no cost, assisting a
local trade association in disseminating information to their members, and
synopsis in the government wide point of entry
What is the minimum response time for receipt of bids or proposals for
noncommercial item solicitations - (answers)30 days from the date of
publication of a proper notice of intent to contract
The contracting officer's certification can serve as approval of the justification
for other than full and open competition for a proposed contract NOT
exceeding - (answers)$700,000
FAR Part 6, "Competition Requirements," applies to which of the following? -
(answers)A $1M contract for services
