CFCM End Term Exam A+ Graded
Which of the following is NOT an exception to submission of certified cost or pricing data? - ✔✔small
business
When should you consider prompt payment discounts in evaluating quotations? - ✔✔prompt payment
discounts should not be evaluated.
During source selection it is an acceptable practice to - ✔✔inform an offeror that its price is considered
too high.
Normally, testing and approval is required in contracts for: - ✔✔Non-commercial items being
manufactured for the first time
Which of the following is NOT required to be revealed during a post-award debriefing? - ✔✔Evaluated
price of all offerors.
Generally, a stop-work order will be issued only if it is advisable to suspend work pending a decision by
the government, and a supplemental agreement providing for the suspension is - ✔✔not feasible.
Quality Assurance surveillance plans for government contracts should be prepared - ✔✔in conjunction
with the statement of work.
"Patent defect" means any defect - ✔✔which existed at the time of acceptance and could have been
discovered by a reasonable inspection.
The implied warranty of merchantability for commercial items acquired by the government provides
that the item is reasonably fit for the ordinary purposes for which such items are used and the items
must be - ✔✔of at least average, fair or medium-grade quality.
Who is generally responsible for determining a subcontractor's responsibility? - ✔✔The prime
contractor.
,A unilateral modification is used to modify a contract to accomplish all of the following EXCEPT to -
✔✔definitize letter contracts.
When, after award, a contractor requests the use of special tooling or special test equipment, the
contracting officer shall - ✔✔obtain a fair rental or other adequate consideration if use is authorized.
A special form of written approval by an authorized official that is required by statute or regulation as a
prerequisite to making certain contract actions is called a(n): - ✔✔Determination and Finding.
The Davis-Bacon Act applies to contracts for construction, alteration, or repair of public buildings or
public works within the United States. - ✔✔in excess of $2,000
The government shall apply a more dominant consideration of the technical or past performance in
source selection when the - ✔✔acquisition is considered to be a high performance risk.
There are three types of indefinite-delivery contracts: - ✔✔Definite-quantity, requirements, and
indefinite-quantity contracts
"Emergency acquisition flexibilities" as used in FAR Part 18.001 means flexibilities provided with respect
to any acquisition of supplies or services by or for an executive agency that, as determined by the head
of an executive agency, may be used - ✔✔when the President issues an emergency declaration, or a
major disaster declaration.
Which of the following is correct regarding the 8(a) program? - ✔✔The eligibility of an 8(a) firm for a
competitive 8(a) award may not be challenged or protested.
The Contracting Officer (CO) shall review the contractor's request for overtime. CO approval is required
for which of the following contract type(s): - ✔✔Time & Material and Labor Hour Contracts
According to FAR 19.202-3, in the event of equal low bids, awards shall be made first to: - ✔✔Labor
surplus area small business concern
, Imprest funds may be used for purchases when the transaction does not exceed - ✔✔$500
According to FAR 8.4, Federal Supply Schedules, which of the following is correct? - ✔✔The maximum
order threshold of a schedule contract represents the point where the ordering activity shall seek a price
reduction
The ordering activity that has established a BPA shall review it at least once a year to determine all but
which of the following: - ✔✔The ordering activity still has a need for the BPA.
The Privacy Act of 1974 protecting an individual's privacy must be applied when: - ✔✔The contract is for
the operation of a system of records on individuals
The clause which permits the contracting officer to make unilateral changes, in designated areas, within
the general scope of the contract is called the - ✔✔Changes Clause.
The following FAR Parts constitute "acquisition methods" EXCEPT - ✔✔FAR Part 12
Acquisition officials should state requirements with respect to an acquisition of supplies or services in
terms of all of the following except - ✔✔Mandatory Sources
The Government may authorize the acceptance of a variation in quantities delivered under a fixed-price
supply contract. The variance amount should be based on normal commercial practices of a particular
industry and generally should not exceed (Reference FAR 11.7) - ✔✔10%
The CO must establish ____________ in accordance with FAR Part 13, 14, or 15, as applicable.
(Reference FAR Part 13, 14, or 15) - ✔✔Price reasonableness
Simplified acquisition procedures (SAP) are designed to (Reference FAR 13.002) - ✔✔Promote efficiency
and economy in contracting, Avoid unnecessary burdens for agencies and contractors. Reduce
administrative costs
Which of the following is NOT an exception to submission of certified cost or pricing data? - ✔✔small
business
When should you consider prompt payment discounts in evaluating quotations? - ✔✔prompt payment
discounts should not be evaluated.
During source selection it is an acceptable practice to - ✔✔inform an offeror that its price is considered
too high.
Normally, testing and approval is required in contracts for: - ✔✔Non-commercial items being
manufactured for the first time
Which of the following is NOT required to be revealed during a post-award debriefing? - ✔✔Evaluated
price of all offerors.
Generally, a stop-work order will be issued only if it is advisable to suspend work pending a decision by
the government, and a supplemental agreement providing for the suspension is - ✔✔not feasible.
Quality Assurance surveillance plans for government contracts should be prepared - ✔✔in conjunction
with the statement of work.
"Patent defect" means any defect - ✔✔which existed at the time of acceptance and could have been
discovered by a reasonable inspection.
The implied warranty of merchantability for commercial items acquired by the government provides
that the item is reasonably fit for the ordinary purposes for which such items are used and the items
must be - ✔✔of at least average, fair or medium-grade quality.
Who is generally responsible for determining a subcontractor's responsibility? - ✔✔The prime
contractor.
,A unilateral modification is used to modify a contract to accomplish all of the following EXCEPT to -
✔✔definitize letter contracts.
When, after award, a contractor requests the use of special tooling or special test equipment, the
contracting officer shall - ✔✔obtain a fair rental or other adequate consideration if use is authorized.
A special form of written approval by an authorized official that is required by statute or regulation as a
prerequisite to making certain contract actions is called a(n): - ✔✔Determination and Finding.
The Davis-Bacon Act applies to contracts for construction, alteration, or repair of public buildings or
public works within the United States. - ✔✔in excess of $2,000
The government shall apply a more dominant consideration of the technical or past performance in
source selection when the - ✔✔acquisition is considered to be a high performance risk.
There are three types of indefinite-delivery contracts: - ✔✔Definite-quantity, requirements, and
indefinite-quantity contracts
"Emergency acquisition flexibilities" as used in FAR Part 18.001 means flexibilities provided with respect
to any acquisition of supplies or services by or for an executive agency that, as determined by the head
of an executive agency, may be used - ✔✔when the President issues an emergency declaration, or a
major disaster declaration.
Which of the following is correct regarding the 8(a) program? - ✔✔The eligibility of an 8(a) firm for a
competitive 8(a) award may not be challenged or protested.
The Contracting Officer (CO) shall review the contractor's request for overtime. CO approval is required
for which of the following contract type(s): - ✔✔Time & Material and Labor Hour Contracts
According to FAR 19.202-3, in the event of equal low bids, awards shall be made first to: - ✔✔Labor
surplus area small business concern
, Imprest funds may be used for purchases when the transaction does not exceed - ✔✔$500
According to FAR 8.4, Federal Supply Schedules, which of the following is correct? - ✔✔The maximum
order threshold of a schedule contract represents the point where the ordering activity shall seek a price
reduction
The ordering activity that has established a BPA shall review it at least once a year to determine all but
which of the following: - ✔✔The ordering activity still has a need for the BPA.
The Privacy Act of 1974 protecting an individual's privacy must be applied when: - ✔✔The contract is for
the operation of a system of records on individuals
The clause which permits the contracting officer to make unilateral changes, in designated areas, within
the general scope of the contract is called the - ✔✔Changes Clause.
The following FAR Parts constitute "acquisition methods" EXCEPT - ✔✔FAR Part 12
Acquisition officials should state requirements with respect to an acquisition of supplies or services in
terms of all of the following except - ✔✔Mandatory Sources
The Government may authorize the acceptance of a variation in quantities delivered under a fixed-price
supply contract. The variance amount should be based on normal commercial practices of a particular
industry and generally should not exceed (Reference FAR 11.7) - ✔✔10%
The CO must establish ____________ in accordance with FAR Part 13, 14, or 15, as applicable.
(Reference FAR Part 13, 14, or 15) - ✔✔Price reasonableness
Simplified acquisition procedures (SAP) are designed to (Reference FAR 13.002) - ✔✔Promote efficiency
and economy in contracting, Avoid unnecessary burdens for agencies and contractors. Reduce
administrative costs
