NCMA Study Class 3 October 9, 2008 by RU4pDvu6

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									2011 CFCM Study Group
Practice Questions




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                NCMA Greater Philadelphia Chapter
CFCM Study Group Sample Test
1.   The opportunity to submit public written comments on proposed
     significant FAR revisions shall be provided by placing a notice:
     a. in a Broad Agency Announcement
     b. in the Federal Commerce Daily
     c. in the “Federal Technical Data Solution (FedTeDS)”
     d. in the Federal Register

     Source: 1.501-2 (b)




                                                                        2
CFCM Study Group Sample Test
2.   For   DOD, class deviations shall be controlled, processed and approved
     a.    In accordance with the Defense FAR Supplement
     b.    FAR Administrator
     c.    Assistant Administrator for Procurement
     d.    Agency Representatives

     Source: FAR 1.404 (b)




                                                                               3
CFCM Study Group Sample Test
3.   Class D & F’s
     a. Apply to one and only one contracting action
     b. Shall be for an indefinite period
     c. Must be signed by the requesting official
     d. Provide authority for contracting actions for the same or related
         supplies or services or other contracting actions that require
         essentially identical justification

     Source: 1.703 and 1.704




                                                                            4
CFCM Study Group Sample Test
4.   The point when agency needs are established and includes all activities
     directly related to the process of fulfilling agency needs by the contract
     is defined as
     a. Contracting
     b. Requirements definition
     c. Acquisition
     d. Procurement



     Source: 2.101




                                                                              5
CFCM Study Group Sample Test
5.   Which of the following is a Commercial item?
     a. A commercial item which has been minimally modified to meet
         Government requirements
     b. An item that evolved from an item which has not been sold to the
         general public
     c. An item that has not been offered to the general public
     d. A non-developmental item used exclusively for governmental
         purposes



     Source: 2.101




                                                                           6
CFCM Study Group Sample Test
6.   Consolidating two or more requirements for supplies or services,
     previously provided or performed under separate smaller contracts,
     into a solicitation for a single contract is defined as:
     a. Combining
     b. Consolidating
     c. Bundling
     d. Mixing



     Source: 2.101




                                                                          7
CFCM Study Group Sample Test
7.   “Covered Federal Action” means which of the following, may be which
     of the following:
     a. Awarding any Federal contract or entering into any cooperative
          agreement
     b. Making any Federal grant or Federal loan
     c. Extending, continuing, renewing, amending, or modifying any
          Federal contract, grant, loan or cooperative agreement
     d. All of the above



     Source: FAR 3.801




                                                                           8
CFCM Study Group Sample Test
8.   The   Government can minimize the opportunity for buying-in by using
     any   of the following techniques:
     a.    Simplified acquisition procedures
     b.    Price options, amortization of nonrecurring costs, and simplified
           acquisition procedures
     c.    Simplified acquisition procedures, costs, and multiyear contracting
     d.    Multiyear contracting, priced options, and amortization of
           nonrecurring costs




     Source: 3.501-2 (b)




                                                                             9
CFCM Study Group Sample Test
9.   A Contractor, in order to meet the records review requirements of the
     Government, shall make available records to satisfy contract
     negotiation, administration and audit requirements of the contracting
     agencies for:
     a. 7 years after final payment
     b. 10 years after final payment
     c. 3 years after final payment
     d. 1 year after final payment




     Source: 4.703 (a) (1)




                                                                         10
CFCM Study Group Sample Test
10. Financial and cost accounting records that should be retained
    four years are:
    a. AR invoices, adjustments to account invoices registers, shipping
        orders, freight bills
    b. Labor costs distribution cards or equivalent documents
    c. Petty Cash records
    d. Proposal books and associated pricing data




    Source: 4.705-1 (a)




                                                                          11
CFCM Study Group Sample Test
CFCM Study Group Sample Test
11. Solicitations for proposed contract actions expected to exceed
    $10,000 but not expected to exceed $25,000, must be posted at
    least ___ days or until after quotations have been opened,
    whichever is later.
    a. 30
    b. 20
    c. 10
    d. 60

   Source: FAR 5-101 (a) (2)




                                                                12
CFCM Study Group Sample Test
12. What is the dollar threshold for public announcement of
    contract awards?
    a. $500,000
    b. $3,500,000
    c. $5,000,000
    d. $10,000,000

    Source: 5.303 (a)




                                                              13
CFCM Study Group Sample Test
13. Which of the following competitive procedures are available for
    use in fulfilling the requirements for full and open competition?
    a. Sealed Bids
    b. Competitive proposals
    c. Combination of competitive procedures
    d. All of the Above

    SOURCE(S): FAR 6.102




                                                                   14
CFCM Study Group Sample Test
14. Class justification for other than full and open competition shall
    be approved
    a. through advance written notice by the agency SDB manager.
    b. By a member of the armed forces at a general or flag officer level.
    c. In writing in accordance with agency procedures.
    d. through a proposed change to the FAR guidelines.



    SOURCE(S): 6.304(c)




                                                                        15
CFCM Study Group Sample Test
15. Each contract awarded without providing for full and open
    competition shall contain:
       a. reference to the specific authority under which it was so
           awarded
       b. the name of the agency head authorizing the award
       c. a reasonable basis for the award
       d. specific identification of the supplies or services



    SOURCE(S): 6.301(b)




                                                                      16
CFCM Study Group Sample Test
16. Examples of functions considered to be inherently
    governmental functions or which shall be treated as such
    include all except:
    a. The determination of agency policy, such as determining the
        content and application of regulations
    b. The direction and control of Federal employees
    c. Contractors providing assistance in the development of statements
        of work
    d. The determination of Federal program priorities for budget
        requests.



    SOURCE(S): 7.503




                                                                      17
CFCM Study Group Sample Test
17. When an EVMS is required and a pre-award IBR is
    contemplated, the acquisition plan must discuss:
    a. How the pre-award IBR will be considered in the source selection
       decision
    b. How it will be conducted in the source selection process
    c. Whether offerors will be directly compensated for the costs of
       participating in a pre-award IBR
    d. All of the Above



    SOURCE(S): 7.105(b)(3)




                                                                          18
CFCM Study Group Sample Test
18. Orders placed under a schedule contract must comply with:
    a. acquisition planning requirements (FAR 7.1 and FAR Part 39)
    b. requirements for a bundled contract
    c. requiring agency’s statutary and regulatory requirements
    d. all of the above



SOURCE(S): 8.404




                                                                     19
CFCM Study Group Sample Test
19. Which of the following regarding BPA’s and schedules is false?
    a. GSA has already determined pricing of supplies and services under
       schedule contracts to be fair and reasonable.
    b. Placing an order against a schedule contract the ordering activity
       has concluded that the order represents the best value and results
       in the lowest overall cost.
    c. Since GSA pricing has previously been negotiated and deemed fair
       and reasonable, a source should not be asked for further cost
       discounts before placing an order.
    d. A and C are both false.



    SOURCE(S): 8.404




                                                                       20
CFCM Study Group Sample Test
20. To be determined responsible, a prospective contractor must:
    a. Have adequate financial resources to perform the contract, or the
        ability to maintain them
    b. Have a satisfactory performance record
    c. Have a satisfactory record of integrity and business ethics
    d. All of the above



    SOURCE(S): FAR 9.104-1




                                                                       21
CFCM Study Group Sample Test
21. Normally, testing and approval is required in contracts for:
    a. Research and Development
    b. Products requiring qualification before award
    c. Commercial Items
    d. Non-commercial items being manufactured for the first time




    Source: 9.303




                                                                    22
CFCM Study Group Sample Test
22. A qualification requirement is a Government requirement for
    a. Testing or other quality assurance demonstration that must be
       completed before award
    b. Testing that must be completed before the first item is delivered
       under the contract
    c. Testing or other quality assurance demonstration that is always at
       the contractor’s expense
    d. Approving a contractor’s quality system




    Source: 9.202(a)




                                                                       23
CFCM Study Group Sample Test
23. A time-and-materials contract may not be used if:
    a. The determination and finding is signed by the contracting
        officer prior to the execution of the base period or any option
        periods of the contracts
    b. Other contract types are suitable.
    c. The determination and finding is approved by the head of the
        contracting activity prior to the execution of the base period
        when the base period plus any option periods exceeds three
        years
    d. The contract includes a ceiling price that the contractor
        exceeds at its own risk.



    SOURCE(S): 16.601(d)




                                                                      24
CFCM Study Group Sample Test
24. A fixed-price incentive contract is a fixed-price contract that
    provides for adjusting profit and establishing the final contract
    price by
        a. Annual contractor performance ratings.
        b. The amount of available funds as determined by the fiscal
           appropriations budget.
        c. How well the contractor has performed against their financial
           goals
        d. Application of a formula based on the relationship of total final
           negotiated cost to final target cost



    SOURCE(S): 16.403(a)




                                                                          25
CFCM Study Group Sample Test
25. Factors that a contracting officer should consider before
    selecting and negotiating a contract type are:
    a. Period of Performance and Commercial Application
    b. Price analysis and compatibility of contractor’s accounting
        system
    c. Price competition and Price analysis
    d. None of the above



    SOURCE(S): 16.104




                                                                     26
CFCM Study Group Sample Test
26. The contracting officer may include options in contracts for all
    of the following, except:
    a. When it is in the government’s interest
    b. When contractor will not incur undue risks
    c. Market prices for the supplies or services are likely to change
        substantially
    d. The option does not represent known firm requirements for which
        funds are available



    SOURCE(S): 17.202




                                                                     27
CFCM Study Group Sample Test
27. When reviewing contractor performance, for purposes of
    extending or renewing a contract, the contracting officer should
    consider:
    a. Only the incumbent’s cost performance
    b. Only the incumbent’s technical performance
    c. Whether it is likely that qualified offerors will compete for the
        contract
    d. Whether it is likely that the incumbent’s performance will remain
        stable over the life of the contract



    SOURCE(S): 17.605




                                                                      28
CFCM Study Group Sample Test
28. The following begins with a description of the Government’s
    needs stated in terms sufficient to allow conduct of market
    research:
    a. Items
    b. Teaming Agreements
    c. Acquisitions
    d. Requirements

    Source: FAR 10.002




                                                                  29
CFCM Study Group Sample Test
29. Market research involves obtaining information specific to the
    item being acquired and should include whether the
    Government’s needs can be met by all except:
    a. Items of a type customarily available in the commercial
        marketplace
    b. Items of a type customarily available in the commercial
        marketplace with modifications
    c. Items used exclusively for governmental purposes
    d. Items that contain recovered materials and items that are energy
        efficient

    Source: 10.002




                                                                      30
CFCM Study Group Sample Test
30. Agencies shall, to the maximum extent practicable, ensure that
    acquisition officials --
    a. State requirements in terms of cost
    b. Exclude offerors of non-developmental items
    c.  Encourage offerors to supply commercial items
    d. Discourage comments on agency requirements from offerors

    Source: 11.002(2)




                                                                     31
CFCM Study Group Sample Test
31. The definition of remanufactured is:
    a. Restored to the original normal operating condition by
       readjustments and material replacement
    b. Factory rebuilt to original specifications
    c. Manufacturing an item that was previously discontinued
    d. None of the above.

    Source: FAR 11.001




                                                                32
CFCM Study Group Sample Test

32. Reconditioned means:
    a. Factory rebuilt to original specifications
    b. Repaired conditionally
    c.  Restored to the original normal operating condition by readjustments and
        material replacement
    d. That the property has no value except its basic metallic, mineral od organic
        content

     Source: FAR 11.001




                                                                                  33
CFCM Study Group Sample Test
33. A time-and materials contract may be used for the acquisition of
    commercial services when:
    a. The service is acquired under a competitively awarded contract
    b. The service is for construction
    c.   The service is for maintenance on leased equipment
    d. None of the above

    Source: FAR 12.207 (b)(1)(i)(A)




                                                                        34
CFCM Study Group Sample Test
34. The implied warranty of fitness for a particular purpose provides that:
    a. the item is intended for exercise or personal fitness training.
    b. an item may perform differently when used for other than the intended
        purpose.
    c.  an item is fit for use for the particular purpose for which the Government
        will use the item.
    d. an item can only be used once for the purpose it is intended.

     Source: FAR Part 12.404(a)(2)




                                                                                     35
 CFCM Study Group Sample Test
35. The contacting officer should exercise the Government’s right to terminate
    a contract for commercial items either for convenience or for cause only
    when such a termination:
    a. would enable the Government to satisfy the needs from another source at a
        lower cost.
    b. allow the contractor to avoid a substantial loss in revenue.
    c.  would be in the Government’s best interest.
    d. would earn the contracting officer valuable experience and lead towards a
        promotion within the agency.

    Source: FAR Part 12.403(b)




                                                                             36
CFCM Study Group Sample Test
36. The   implied warranty of merchantability provides that an item is:
    a.    resale goods that are allowed to be sold by the contractor.
    b.    goods or merchandise sold as is with no guarantees.
    c.    reasonably fit for the ordinary purposes for which such items are used.
    d.    not to be resold to another party unless expressly provided for in the contract.

   Source: FAR Part 12.404(a)(1)




                                                                                       37
CFCM Study Group Sample Test
37. The request for waiver to tailor commercial clauses must
    describe all except:
    a. Customary commercial practice found in marketplace
    b. Support the need to include a term or condition that is inconsistent
       with that practice
    c. Determination that use of the customary commercial practice is
       inconsistent with the needs of the Government
    d. Because it is in the best interest of the Government

    Source: FAR 12.302(c)




                                                                         38
CFCM Study Group Sample Test

38. When the use of evaluation factors is appropriate, the
    contracting officer may-
    a. Insert the provision at 52.212-2, Evaluation-Commercial Items, in
       solicitations for commercial items.
    b. Include a similar provision containing all evaluation factors
       required by 13.106, subpart 14.2, or subpart 15.3 as an
       addendum.
    c. A & B are both correct
    d. None of the above are correct.

    Source: FAR 12.301-4(c)




                                                                      39
CFCM Study Group Sample Test
39. Imprest funds may be used for transactions up to:
    a. $25,000
    b. $10,000
    c. $1,000
    d. $500

    Source: FAR 13.305-3(a)




                                                        40
CFCM Study Group Sample Test

40. It is advantageous to establish Blanket Purchase Agreements
    with firms who:
    a. Have past performance records that show them to be unreliable
    b. Bid only on purchased over the simplified acquisition threshold
    c. Have provided few purchases at or below the simplified acquisition
         threshold
    d. Offer quality supplies or services at consistently lower prices than
         their competitors

    Source: FAR 13.303-2(b)(2)




                                                                         41
CFCM Study Group Sample Test

41. Which of the following is true concerning Blanket Purchase
    Agreements (BPAs)?
    a. A purchase requisition is required to establish one
    b. Use of a BPA exempts an agency from the responsibility for
       keeping obligations and expenditures within available funds
    c. They may be established with more than one supplier
    d. They may be established even if there is an existing requirements
       contract for the same supply or service

    Source: FAR 13.303-2 ( c)(1)




                                                                       42
CFCM Study Group Sample Test
42. Which of the following is true concerning the use of simplified
    acquisition procedures?
    a. Purchases above the micro-purchase level are generally set-aside
       for small business
    b. They can be used in the acquisition of commercial items without
       any limits
    c. They cannot be employed when the Government-side commercial
       purchase card is used
    d. There is no requirement for competition

    Source: FAR 13.003(b)(1)




                                                                      43
CFCM Study Group Sample Test
43. When fast payment procedures are utilized, who is responsible for
    collecting debts resulting from failure of contractors to properly replace,
    repair, or correct supplies lost, damages, or not conforming to purchase
    requirements?
    a. Program Manager
    b. Contracting Officer
    c.   Head of the Contracting Authority
    d. Accounting and Finance Officer

    Source: FAR 13.401(b)




                                                                             44
CFCM Study Group Sample Test

44. FAR 13.302-4 “Termination or cancellation of purchase orders.” If the
    contractor accepts the cancellation and does not claim that costs were
    incurred as a result of beginning performance under the purchase order,
    then
    a. No further action is required
    b. The purchase order shall be considered cancelled
    c.  The contracting officer shall process the termination action
    d. Both a & b

    Source: FAR 13.302-4(b)(1)




                                                                         45
CFCM Study Group Sample Test
45. The preferred method to purchase and to pay for micro-
    purchases is:
    a. The Government-wide commercial purchase card
    b. Cash
    c. Credit Card
    d. BPA number

   Source: 13.201




                                                             46
CFCM Study Group Sample Test

46. For acquisitions of supplies or services that, as determined by
    the head of the agency, are to be used to support a contingency
    operation or to facilitate defense against or recovery from
    nuclear, biological, chemical, or radiological attack, the micro-
    purchase threshold is:
    a. $15,000 to be made, inside the United States.
    b. $25,000 to be made, outside the United States.
    c. $30,000 to be made, in any jurisdiction or State.
    d. a and b

    Source: 13.201 (g)(1)




                                                                   47
CFCM Study Group Sample Test
47. All are true of a blanket purchase agreements (BPA) except:
    a. BPA’s should be established for use by an organization responsible
         for providing supplies for its own operations or for other offices,
         installations, projects, or functions.
    b. BPA’s exempt an agency from keeping obligations within available
         funds
    c. BPA’s are a simplified method of filling anticipated repetitive
         needs for supplies or services
    d. BPA’s establish charge accounts with qualified sources of supply

    Source: 13.303-1




                                                                         48
CFCM Study Group Sample Test

48. An unpriced purchase order:
    a. is an order for supplies only
    b. may be used only when it is impractical to obtain pricing in
       advance of issuance of the purchase order
    c. May be issued verbally to expedite purchases from trusted
       vendors
    d. must be issued electronically

    Source:13.302-2




                                                                      49
CFCM Study Group Sample Test
49. Proposal evaluations shall be based on the criteria in the RFP
    and shall be categorized as:
    a. Acceptable
    b. Fair and reasonable
    c. Unacceptable
    d. Reasonably susceptible of being made acceptable

    Source: 14.503-1 (e)




                                                                     50
CFCM Study Group Sample Test

50. Contracts shall be awarded in the following order of priority
    when two or more low bids are equal in all respects except:
    a. Small business concerns that are also labor surplus area concerns
    b. Other small business concerns
    c. Economically stressed small business concerns
    d. Other business concerns

    Source: 14.408-6 (a)




                                                                       51
CFCM Study Group Sample Test
51. In regard to Classified Bids all of the following are true except:
    a. A bidder or its representative may attend and record the results if the
         individual has the appropriate security clearance.
    b. The contracting officer may make the bids available at a later time to
         properly cleared individuals who represent bidders.
    c.   No public record shall be made of bids or bid prices received in response to
         classified invitations for bids.
    d. The general public may attend classified bid openings if they have a security
         clearance.

     Source: 14.402-2




                                                                                   52
CFCM Study Group Sample Test

52. If no time is specified in the IFB the time for receipt is:
    a. 4:30 pm local time for the designated Government office on the date that
         bids are due
    b. 4:30 pm local time for the contractor submitting the bid on the date that
         bids are due
    c.   If a time is not specified in the IFB the bid will be accepted as long as it is
         postmarked by the due date
    d. Any time prior to 12 midnight on or before the bid due date

     Source:14.304 (a)




                                                                                           53
CFCM Study Group Sample Test
53. Any bid, modification, or withdrawal of a bid received at the Government
    office designated in the IFB after the exact time specified for receipt of
    bids is “late” and will not be considered unless
    a. The bid is received before award is made
    b. The contracting officer determines that accepting the late bid would not
         unduly delay the acquisition
    c.   There is acceptable evidence to establish that it was received at the
         Government installation designated for receipt of bids
    d. All of the above

    Source: FAR 14.304(b)(1)




                                                                             54
CFCM Study Group Sample Test
54. Which of the following are true regarding modification and withdrawal of
    bids:
    a. Bids may be modified or withdrawn if notice is received in the offices
        designated in the solicitation not later than the exact time set for opening of
        bids
    b. Bids may be withdrawn in person by a bidder or its authorized rep before
        the exact time set for the opening of bids
    c.  Upon withdrawal of an electronically transmitted bid, the data received shall
        not be viewed and shall be purged from the primary and backup data
    d. All of the above


     Source: 14.303




                                                                                    55
CFCM Study Group Sample Test
55. Any bid that fails to conform to the essential requirements of the
    invitation for bids
    a. shall be negotiated by the contracting officer.
    b. shall be compared for technical content and price to other nonconforming
         bids.
    c.   is most likely to receive an award for the procurement action.
    d. shall be rejected.

    Source: FAR Part 14.404-2(a)




                                                                                  56
CFCM Study Group Sample Test
56. When it is determined necessary to reject all bids, the contracting officer
    shall
    a. not communicate with any of the original bidders.
    b. publish the results in a broad agency announcement.
    c.  extend the close date and issue invitations to additional bidders until an
        acceptable bid is received.
    d. notify each bidder that all bids have been rejected and shall state the reason
        for such action.

     Source: FAR Part 14.404-3




                                                                                  57
CFCM Study Group Sample Test
57. The contracting officer shall prepare the representations and instructions
    in accordance with the following Sections except:
    a. Section K, Representations, Certifications, and other statements of bidders
    b. Section L, Instructions, Conditions, and Notices to Bidders
    c.   Section M, Evaluation Factors for Award
    d. Section B, Supplies and Services for Price/Cost

    Source: 14.201-5




                                                                               58
CFCM Study Group Sample Test

58. In lieu of initially forwarding complete bid sets, the contracting officer
    may send presolicitation notices to concerns. The notice shall include all
    of the following except:
    a. specify the final date for receipt of requests for a complete bid set
    b. briefly describe the requirement and furnish other essential information to
         enable concerns to determine whether they have an interest in the invitation
    c.   normally not include drawings, plans and specifications
    d. specify the date of bid submission

     Source: 14.205




                                                                                  59
CFCM Study Group Sample Test
59. When a contract is awarded, which part of the uniform contract format
    used for solicitations, is not included in the contract?
    a. Part I -Schedule
    b. Part III- Attachments
    c.  Part IV- Representations & Instructions
    d. Part II- Contract Clauses

    Source: 15.204-1




                                                                            60
CFCM Study Group Sample Test

60. If any portion of a proposal received by the contracting officer
    electronically or by facsimile is unreadable, the contracting officer
    a. Shall notify the offeror within 48 hours
    b. Shall consider the proposal late
    c.   Shall permit the offeror to resubmit the unreadable portion of the proposal
         using the method and time for resubmission as prescribed by the
         contracting officer
    d. None of the above

     Source: 15.207 (c)




                                                                                   61
CFCM Study Group Sample Test
61. Acceptable evidence to establish a proposal’s time of receipt at
    the Government installation includes
    a. The time/date stamp of that installation on the proposal wrapper
    b. Other documentary evidence of receipt maintained by the
        installation,
    c. Oral testimony or statements of Government personnel
    d. All of the above

    Source: 15.208 (c)




                                                                     62
CFCM Study Group Sample Test

62. The Contracting Officer shall amend a solicitation
    a. When the Government changes its requirements or terms and
       conditions
    b. Only in written form
    c. Only before receipt of proposals
    d. Only after receipt of proposals

    Source: 15.206(a)




                                                                   63
CFCM Study Group Sample Test
63. Which statement concerning Oral Presentations by offerors as
    requested by the government is true:
    a. Oral presentations may occur only after contract award
    b. Oral presentations may substitute for, or augment, written
       information
    c. Oral presentations are not effective in streamlining the source
       selection process
    d. Information regarding staffing resources is never allowed in oral
       presentations

    Source: 15.102




                                                                      64
CFCM Study Group Sample Test

64. RFI are used by the Government to
    a. Promote early exchanges of information
    b. Obtain price, delivery, and other market information for planning
        purposes
    c. Form a binding contract
    d. Both a & b



    Source: 15.201 (c) & (e)




                                                                      65
CFCM Study Group Sample Test
65. The use of a uniform contract format facilitates preparation of the
    solicitation and contract as well as reference to, and use of, those
    documents by_____________.
    a. Construction and architect-engineer contracts
    b. Subsistence contracts.
    c.   Supplies or services contracts requiring special contract formats
    d. Offerors, contractors, and contract administrators

    Source: FAR 15.204




                                                                             66
CFCM Study Group Sample Test
66. Proposal revision is a change to a proposal made ______ the
    solicitation closing date, at the request of or as allowed by a
    _______, as the result of negotiations
    a. after, contracting officer
    b. before, contracting officer
    c. after, NASA employee
    d. before, the President of the United States

    Source: 15.001




                                                                      67
CFCM Study Group Sample Test
67. For each attached document, exhibit and other attachment contained in
    Section J, List of Attachments, the contracting officer shall list:
    a. The title, date, and number of pages.
    b. The specific source of the data, revision letter, and a unique identifier
        assigned.
    c.  corresponding similarities to any other documents within the solicitation
        package.
    d. document names or descriptions only.

    Source: 15.204-4




                                                                                68
CFCM Study Group Sample Test

68. If any portion of a proposal received by the contracting officer
    electronically of by facsimile is unreadable, the contracting officer
    immediately shall:
    a. Notify the offeror to resubmit the unreadable portion of the proposal.
    b. make a determination to exclude the offerors entire bid.
    c.   allow the offeror to resubmit only if it is prior to the date and time required
         by the RFP.
    d. Revise the solicitation closing date, if in the best interest of the government,
         to allow for a resubmission by all offerors.

     Source: 15.207 (c)




                                                                                     69
CFCM Study Group Sample Test
69. A proposal may be withdrawn
    a. By written notice at any time before award
    b. Orally before award if it is an oral proposal in response to oral
        solicitations
    c. At any time
    d. Both a & b

    Source: FAR 15.403-1




                                                                           70
CFCM Study Group Sample Test

70. The PCO shall not require submission of cost or pricing when:
    a. Prices agreed upon are based on adequate price competition
    b. Prices agreed upon are based on prices set by law or regulation
    c. When a commercial item is being acquired
    d. All of the above

    Source: FAR 15.403-1(b)




                                                                     71
CFCM Study Group Sample Test
71. A certificate of Current Cost or Pricing Data:
    a. Does not constitute a representation as to the accuracy of the
        contractor’s judgment on the estimate of future costs or
        projections
    b. Is required upon exercise of an option at the price established at
        contract award, regardless of dollar value
    c. Is required for proposals in support of interim billing price
        adjustments valued in excess of $500,000
    d. Is no longer required

    Source: FAR 15.403-2(a), 15.406-2(b)




                                                                            72
CFCM Study Group Sample Test

72. If defective pricing is discovered after award:
    a. The Government has no recourse
    b. The contractor determines the amount of increase and bills the
        Government
    c. The Government is entitled to a price adjustment if the amount is
        significant
    d. A 15% penalty applies to any overpayment attributable to the
        contractor’s error

    Source: FAR 15.407-a(b)(1)




                                                                       73
CFCM Study Group Sample Test

73. ___________ is defined as officers, directors, employees, or
    principal stockholders of one concern serve as a working
    majority of the board of directors or officers of another
    concern.
    a. common facilities
    b. interlocking management
    c. newly organized concern
    d. new facilities

    Source: 19.101(6)(i)




                                                                   74
CFCM Study Group Sample Test
74. Who is responsible for effectively implementing the small
    business programs within their activities, including achieving
    program goals?
    a. Heads of contracting activities
    b. Contracting Officer
    c. Procuring Agency Program Office
    d. Both b and c

    Source: 19.201(b)(2)(c )




                                                                     75
CFCM Study Group Sample Test
75. In the event of equal low bids from small businesses, awards
    shall be made as follows:
    a. First to small veteran owned business concerns, and second to
        small business concerns which are also labor surplus area
        concerns.
    b. First to small business concerns which are also labor surplus area
        concerns, and second to small business concerns which are not
        also labor surplus area concerns.
    c. First to small minority owned business concerns, and second to
        small women owned business concerns.
    d. None of the above.



    Source: 19.202-3




                                                                        76
CFCM Study Group Sample Test
76. The contracting officer shall accept an offeror’s representation
    in a specific bid or proposal that it is a small business unless
    a. Another offeror or interested party challenges the concern’s small
        business representation
    b. The contracting officer has reason to question the representation.
    c. Both a. and b.
    d. Only a.

    Source:   19.301-1(b)(1) & (2)




                                                                        77
CFCM Study Group Sample Test
77. Executive Order 11755, December 29, 1973, as amended by
    Executive Order 12608, September 9, 1987, and Executive
    Order 12943, December 13, 1994, prohibit the contractor, in
    performing the contract, from employing—
    a. Persons who have been pardoned or who have served their terms
    b. Federal prisoners
    c. Persons on parole or probation
    d. None of the above

    Source: 22.201 (a) (1) (2) (3)




                                                                   78
CFCM Study Group Sample Test
78. Subpart 22.400, Scope of Contract, implements the statues
    which prescribe labor standards requirements for contracts in
    excess of ______ for construction, alteration, or repair,
    including painting and decorating, of public buildings and public
    works.
    a. $5,000
    b. $2,000
    c. $10,000
    d. $7,000

    Source: 22.400




                                                                   79
CFCM Study Group Sample Test
79. The requirements for Subpart 22.4 – Labor Standards for
    Contracts Involving Construction apply:
    a. Only if the construction work is, or reasonably can be foreseen to
       be, performed at a particular site
    b. to dismantling, demolition, or removal of improvements or
       painting of public buildings or public works
    c. to the manufacture or fabrication of construction materials and
       components conducted in connection with the construction and on
       the site
    d.  All of the above

    Source: 22.402(a)(1)




                                                                       80
CFCM Study Group Sample Test
80.As required by the Service Contract Act of 1965, as Amended,
   the contracting officer shall obtain wage determinations for
   which of the following Service Contracts:
    a. For each new solicitation and contract in excess of $2,500.
    b. For each contract modification which brings the contract above
       $2,500 and extends the existing contract pursuant to an option
       clause.
    c. For each contract modification which brings the contract above
       $2,500 and changes the scope of the contract whereby labor
       requirements are affected significantly.
    d. All of the above.

    Source: 22.1007




                                                                        81 81
CFCM Study Group Sample Test
81. Agencies must employ acquisition strategies that affirmatively
    implement the following environmental objectives
    a. Maximize the utilization of environmentally preferable products
       and services
    b. Promote energy-efficiency and water conservation
    c. Promote the use of nonhazardous and recovered materials
    d. All of the above

    Source:23.703(b)(1)(2)(3)




                                                                     82
CFCM Study Group Sample Test
82. The Freedom of Information Act (5 U.S.C. 552, as amended)
    provides that information is to be made available to the public
    either by:
    a. Publication in the Federal Register
    b. Providing an opportunity to read and copy records at convenient
        locations
    c. Publication in the Arizona Republic
    d. A & B only

    Source: FAR 24.201




                                                                     83
CFCM Study Group Sample Test
83. Which of the following is not a “Domestic end product”?
    a. Scrap generated, collected, and prepared for processing in the US
    b. A manufactured end product mined or produced in the US
    c. Foreign components not mined, produced, or manufactured in
       sufficient and reasonably available commercial quantities of a
       satisfactory quality
    d. An end product manufactured in the US, if the cost of its
       components mined, produced, or manufactured in the US exceeds
       50% of the cost of all its components.

    Source: 25.003




                                                                      84
CFCM Study Group Sample Test
84. Performance and payment bonds are required or may be
    required for:
    a. Construction contracts exceeding $2000
    b. Construction contracts exceeding $100,000
    c. Services and supply contracts exceeding the simplified acquisition
        threshold when necessary to protect the Government’s interest
    d. Both b & c

    Source: FAR 28.102-1(a), 28-103-1 (a), 28.103-2(a)




                                                                        85
 CFCM Study Group Sample Test

85. For all competitive contracts, insert the clause at 52.229-3,
    Federal, State, and Local Taxes, in solicitations and contracts if—
    a. The contract is to be performed wholly or partly in the United States
        or its outlying areas
    b. A cost reimbursement contract is contemplated
    c. The contract is expected to exceed the simplified acquisition
        threshold
    d. Answers A and C.

    Source: FAR 29.401-1




                                                                          86
CFCM Study Group Sample Test
86. The head of the agency may waive the applicability of CAS for
    a particular contract or subcontract when one of the
    conditions exsists:
    a. The contract or subcontract is less than $50 million, primarily
        engaged in the sale of commercial items and has no
        contracts/buscontracts subject to CAS
    b. The contract or subcontract is less than $15M, primarily engaged
        in the sale of commercial items and has no
        contracts/subcontracts subject to CAS
    c. The contract or subcontract is less than $7.5M, primarily
        engaged in the sale of commercial items
    d. The contraact or subcontract is less than $5M, primarily engaged
        in the sale of commercial items and has no
        contracts/subcontracts subject to CAS

    Source: FAR 30.201-5(b)(1)(i-ii)



                                                                      87
CFCM Study Group Sample Test
87. FAR 32 policies and procedures for contract financing and other
    payment matters provide for contract financing payments,
    unless otherwise prescribed, as all except:
    a. Due date is the 30th day after the designated billing office receives
        a proper contact financing request
    b. Agency heads may prescribe shorter periods for payment based on
        contract pricing or administrative considerations
    c. Agency heads can prescribe a period shorter than 7 days or longer
        than 30 days
    d. If an audit or other review is required to ensure compliance , the
        designated payment office is not compelled to make payment by
        the specified due date

    Source: 32.007(a)




                                                                          88
CFCM Study Group Sample Test
88. Advanced payments are advances of money by the Government
    to a prime contractor before, in anticipation of, and for the
    purpose of complete performance under one or more contracts.
    Progress payments based on costs are made on the basis of
    cost incurred by the contractor as work progresses under the
    contract. This form of contract financing does not include:
    a. Payments based on the percentage or stage of completion
        accomplished
    b. Payments for partial deliveries accepted by the Government
    c. Performance-based payments
    d. All of the above

   Source: 32.102 (b)




                                                               89
CFCM Study Group Sample Test
89. The contracting officer may stay performance of a contact after
    it has been awarded if the contracting officer makes a written
    determination that:
    a. A protest is likely to be filed
    b. Delay of performance is, under the circumstances in the best
        interest of the United States
    c. Delay of performance is, under the circumstances in the best
        interest of the Contractor
    d. A and B

    Source: FAR 33.102(d)(1),(2)




                                                                 90
CFCM Study Group Sample Test
90. A protest based upon improprieties in a solicitation must be
    filed before bid opening or the closing date for the receipt of
    proposals. In all other cases, protest must be filed
    a. Within ten (10) calendar days of the time the protester knew or
         should have known of the basis of the protest, whichever is earlier
    b. Within one hundred (100) calendar days of the time the protester
         knew or should have known of the basis of the protest, whichever
         is earlier
    c. Within 5 days after a debriefing date to the other offerors
    d. Within 15 days before the acceptance of offers

    Source: FAR 33.103(e)




                                                                          91
CFCM Study Group Sample Test
91. Contracting Officer’s decision regarding a claim shall include
    a. A description of the claim, a reference to the pertinent contract
       terms, and a statement of contracting officer’s decision with
       supporting rationale.
    b. A description of the claim, a statement of the factual areas of
       agreement and disagreement, and a statement of contracting
       officer’s decision with supporting rationale.
    c. A description of the claim and a statement of contracting officer’s
       decision with supporting rationale.
    d. A description of the claim, a reference to the pertinent contract
       terms, a statement of the factual areas of agreement and
       disagreement, and a statement of contracting officer’s decision
       with supporting rationale.

    Source:33.211 (a)(4)(i-iv)




                                                                         92
CFCM Study Group Sample Test
92. In regards to Major Systems Acquisitions, Agencies acquiring
    major systems shall:
    a. Promote innovation and full and open competition
    b. Expressing agency needs and major system acquisition program
        objectives in terms of the agency’s mission and not in terms of
        specified systems to satisfy needs
    c. Sustain effective competition between alternative system concepts
        and sources for as long as it is beneficial
    d. All of the above

    Source: 34.002 (a) (b)




                                                                      93
CFCM Study Group Sample Test
93. The responsibility for selecting the appropriate type of contract
    for an R&D requirement belongs to the
    a. Program manager
    b. Contracting officer
    c. Acquisition manager
    d. R&D Chief

    Source: FAR 35.006(b)




                                                                   94
CFCM Study Group Sample Test
94. The methodologies contracting officers shall use in acquiring
    construction contracts and architect-engineer services,
    respectively, are
    a. Negotiation and sealed bids
    b. Sealed bids and negotiation
    c. Negotiation and negotiation
    d. Sealed bids and barter

    Source: FAR 36.103(a)(b)




                                                                    95
CFCM Study Group Sample Test
95. Which of the following agencies manages a similar system of
    schedule contracting but that system is not a part of the
    Federal Supply Schedule Program:
    a. Department of Veterans Affairs (VA)
    b. Department of Defense (DOD)
    c. Neither A or B
    d. None of the above

   Source:   38.000




                                                                  96
CFCM Study Group Sample Test
96. Agencies involved in Acquisition of Information Technology
    shall ensure that contracts for information technology address
    protection of privacy in both Act (5 U.S.C. 552a) and Part 24.
    In addition, each agency shall ensure that contracts for the
    design, development or operation of a system of records using
    commercial information technology services or information
    technology support services include the following:
    a. Agency rules of conduct that the contractor and the contractor’s
        employees shall be required to follow
    b. A list of the anticipated threats and hazards that the contractor
        must guard against
    c. A description of the safeguards that the contractor must
        specifically provide
    d. All of the Above

    Source: 39.105



                                                                       97
CFCM Study Group Sample Test
97. DCAA maintains and distributes the Directory of Federal
    Contract Audit Offices. The directory identifies:
    a. Types of audit services performed by each audit agency
    b. Cognizant audit offices and the contractors over which they have
       cognizance.
    c. Average wait times for fulfilling audit requests.
    d. None of the above.

    Source: 42.103 (a)




                                                                      98
CFCM Study Group Sample Test
98. When notified of bankruptcy proceedings, agencies shall, as a
    minimum EXCEPT:
    a. Furnish the notice of bankruptcy to legal counsel and other
       appropriate agency offices and affected buying activities
    b. Determine the amount of the Government’s potential claim
       against the contractor
    c. Take actions necessary to protect the Government’s financial
       interests and safeguard Government property
    d. Furnish non-important information to whom ever you see fit

    Source: FAR 42.902(a)




                                                                  99
CFCM Study Group Sample Test
99. Who determines the extent of surveillance on Contractor
    Performance?
    a. The Contractor
    b. The DCMA
    c. The DCAA
    d. The CO administering the contract

   Source: 42.1103




                                                              100
CFCM Study Group Sample Test
100.        Supplemental agreements are used to:
       a.   Issue change orders
       b.   Issue termination notices
       c.   Definitize letter contracts
       d.   Make adinistrative changes

       Source: FAR 43.103(a-b)




                                                   101
CFCM Study Group Sample Test
101.        When a contractor considers that the Government has
       effected or may effect a change in the contract that has not
       been identified as such in writing and signed by the contracting
       officer, it is necessary that the contractor:
       a. Plan for its funding
       b. Direct the mode of further performance
       c. Notify the Government in writing as soon as possible
       d. None of the above

       Source: 43.104 (a)




                                                                    102
CFCM Study Group Sample Test
102.        The ACO shall determine the need for a contractor
       purchasing system review based on but not limited to all of the
       following except:
       a. Past performance of the contractor
       b. The percentage of Government contracts retained by the
            contractor
       c. The dollar value of the subcontract
       d. The volume and complexity of the subcontract

       Source: 44.302




                                                                    103
CFCM Study Group Sample Test
103.        Generally, contractors are not held liable for loss, damage,
       destruction, or theft of Government property under the
       following types of contracts:
       a. Cost-reimbursement contracts; Time-and-material contracts;
            Labor-hour contracts; and Fixed-price contracts
       b. Cost-reimbursement contracts; Labor-hour contracts; and Fixed-
            price contracts
       c. Time-and-material contracts; Labor-hour contracts; and Fixed-
            price contracts
       d. Cost-reimbursement contracts; Labor-hour contracts

       Source:45.104 (a)(1)(2)(3)(4)




                                                                     104
CFCM Study Group Sample Test
104.       The following criteria for contract quality requirements
       include:
       a. Technical description (Commercial / Military-Federal)
       b. Complexity (Complex / Noncomplex)
       c. Criticality (Critical / Noncritical)
       d. All of the above

       Source: 46.203 (a-c)




                                                                      105
CFCM Study Group Sample Test
105.      For “F.o.b. origin, contractor’s facility” shipments, the
       contractor’s responsibilities include:
       a. Pack and mark the shipment to comply with contract specifications
       b. Deliver the shipment in good order and condition to the carrier,
          and load, stow, trim, block, and/or brace carload or truckload
          shipment (when loaded by the contractor) on or in the carrier’s
          conveyance as required by carrier rules and regulations;
       c. Be responsible for any loss of and/or damage to the goods
          occurring before delivery to the carrier or resulting from improper
          packing and marking
       d. All of the above.

       Source: 47.303-2 (b)




                                                                          106
CFCM Study Group Sample Test
106.    There are two value engineering approaches, the:
   a.   Contractor approach and the Government program
   b.   Government approach and the contractor program
   c.   Incentive approach and the mandatory program
   d.   Mandatory approach and the incentive program

   Source: FAR 48.101 (b)




                                                           107
CFCM Study Group Sample Test
107.   Under contracts containing the Default
   clause, the Government has the right, subject
   to the notice requirements of the clause, to
   terminate the contract completely or partially
   for default if the contractor fails to:
    a. Make delivery of the supplies or perform the
       services within the time specified in the
       contract.
    b. Perform any other provision of the contract.
    c. Make progress and that failure endangers
       performance of the contract.
    d. Any of the above

    Source: 49.402-1




                                                      108
CFCM Study Group Sample Test
108.        The SAFETY Act of 2002 implements:
       a.   Policies and procedures for entering into,
            amending, or modifying contracts in order to
            facilitate the national defense under the
            extraordinary emergency authority
       b.   The development and use of seat belts
       c.   Revised OSHA procedures
       d.   Liability protections to promote development
            and use of antiterrorism technologies

       Source: FAR 50.200




                                                           109
CFCM Study Group Sample Test
109.   “SAFETY Act certification” means a determination by
   Department of Homeland Security (DHS) that a QATT for which
   a SAFETY Act designation has been issued is an approved
   product for homeland security
    a. will meet commercial standards.
    b. will meet Department of Defense standards.
    c. will perform according to the standards set forth in the contactors
       warranty.
    d. will perform as intended, conforms to the seller's specifications,
       and is safe for use as intended.

    Source:50.201




                                                                      110
  CFCM Study Group Sample Test
110.       If it is in the Government’s interest, and if supplies or
       services required in the performance of a Government
       contract are available from Government supply sources,
       contracting officers may authorize contractors to use these
       sources in performing—
       a. Government cost-reimbursement contracts
       b. Other types of negotiated contracts when the agency determines
           that a substantial dollar portion of the contractor’s contracts are
           of a Government cost-reimbursement nature
       c. A contract under the Javits-Wagner-O’Day Act
       d. Any of the above

       Source: FAR 51.101 (a)




                                                                                 111
  CFCM Study Group Sample Test
111.       Multi-year contracts allow breaking down requirements
       into segments to allow use of simplified acquisition procedures
       when;
       a. contracts are for small, small disadvantaged, HUBZone, veteran-
           owned, or service disabled veteran -owned contractors.
       b. contracts are for HUBZone, or veteran-owned, or service disabled
           veteran -owned contractors.
       c. contracts are under the simplified acquisition thresholds but
           higher than the micro-purchase thresholds and are for
           contingency contracts or recovery from nuclear or other disasters.
       d. Do not breakdown requirements aggregating more than the
           simplified acquisition threshold or micor-purchase thresholds.

       Source: 13.003 (C)(2)




                                                                                112
CFCM Study Group Sample Test

112.    When is a contract formed with the Government?
   a.   When the government issues an order in response to a
        suppliers quotation.
   b.   When the supplier receives the order from the Government
        in response to a specific request for quotation(s).
   c.   When the Government issues an offer in response to a
        specific order.
   d.   When the supplier accepts the offer.


   Source: 13.004(a)




                                                              113
CFCM Study Group Sample Test
  113.The Government wide commercial purchase card
     can by used by contracting officers and; 13.301(a)
     a.   their delegates as assigned under applicable FAR
          regulations.
     b.   anyone delegated by the agency head, to include cross-
          agency support personnel.
     c.   micro-purchase delegates that are employees of an
          executive agency or members of the Armed Forces.
     d.   Contracting officers only.


  Source: 13.301(a)




                                                                   114
CFCM Study Group Sample Test
  114.What does "kept secure" mean regarding the receipt of
     bids?
     a. Bids shall not be opened or viewed, and will remain in a
          locked bid box, a safe, or in a secured, restricted-access
          electronic bid box. Information concerning the identity and
          number of bids received will be available only to
          Government employees on a "need to know" basis.
     b. Bids received prior to the end of the bid period cited in the
          IFB will be handled only by Government employees with a
          "need to know" status.
     c. All bids, regardless of time of reciept will be kept in a lock
          bid box and handled by Government employees with a
          :need to know" status.
     d. Only the CO for the related acquisition can receive, store
          and open bids.
  Source: 14.401(a)



                                                                    115
CFCM Study Group Sample Test
115.When a mistake in a contractors bid is not
   discovered, and request for correction submitted,
   until after award;
   a.   the contract must be rescinded.
   b.   the contract can be reformed if it does not effectively
        delay the receipt of the acquisition goods or services.
   c.   the next lowest bid will be awarded.
   d.   it can be corrected by contract modification if the
        correction results are favorable to the Government
        without changing the essential requirements of the
        specifications.

   Source: 14.407-4




                                                                  116
CFCM Study Group Sample Test
116. Simplified acquisition are for making
   purchases of supplies and services within $3000
   except for special situations. The methods to
   procure them are:
   a.   BPAs - Blanket Purchase Agreements
   b.   Purchase Orders
   c.   Government wide commercial purchase cards
   d.   Impressed funds
   e.   All of the above

   Source: 13.003




                                                    117
CFCM Study Group Sample Test
117. Simplified acquisition procedures are used to:
   a.   Provide a Cost Reimbursement Contract
   b.   Reduce Administrative costs
   c.   Issue a PO to Debarred contractors
   d.   Conduct Market Research


   Source: 13




                                                      118
CFCM Study Group Sample Test
118. If two or more sealed bids are equal and all
   are a Small Business the award will be made by:

      a.   Selecting a Large Business bid
      b.   A drawing by lot limited to those bidders
      c.   Rejecting the bids and having them
      d.   Written or electronic notice


Source: 14.408-6




                                                       119
CFCM Study Group Sample Test
119. First article testing and approval is appropriate
   when:
   a.   The product is sold in the commercial market.
   b.   Contractor has not previously furnished the product to the
        government or it has been subsequent changes in the
        processes or specifications, product found defective, etc.
   c.   the product requires qualification before award.


Source:




                                                               120
CFCM Study Group Sample Test
120. Identify the true statement for when the
   Government does not have to exercise full and
   open competition?
   a.   Supplier is a relative of the CO
   b.   The disclosure of the agency's needs would compromise
        the national security
   c.   The cost and schedule of goods to be ordered would take
        too long


   Source:




                                                             121
CFCM Study Group Sample Test
121. If the Government, at time of purchasing
   decides to place a Lease with option to purchase;
   the Contract must state the purchase price or
   provide a formula which shows how the
   purchase price will be established at the time of
   purchase.

      a.   This statement is always False
      b.   This statement is always True
      c.   Neither True not False
      d.   May be either True or False at some time or another


   Source:



                                                                 122
CFCM Study Group Sample Test
122.The following are true regarding firm-fixed
   price contracts except:
   a.   Provide for the adjustment of profit and establishment of
        the final contract price by a formula based on the
        relationship of final negotiated total cost to total target
        cost.
   b.   The stated contract price can be adjusted upward or
        downward to accommodate economic price adjustments.
   c.   Provides for payment of allowable incurred costs, to the
        extent prescribed in the contract.
   d.   Can require the contractor to provide a specified level of
        effort over a stated period of time at a fixed dollar
        amount.

   Source: 16.2


                                                                 123
CFCM Study Group Sample Test
123.The following are characteristic of Options:
   a.   Options may be exercised at any time.
   b.   Is a unilateral right in a contract by which, for a specified
        period of time, the government may elect to purchase
        additional supplies/services called for in the contract, or
        may elect to extend the term of the contract.
   c.   May be exercised when delivery requirements are
        expected to be fulfilled at a future date.
   d.   All of the above.


   Source: 17.2




                                                                   124
CFCM Study Group Sample Test
124.A cost contract is a cost-reimbursement contract
   in which the contractor receives _____________.

      a.   $150,000.00 or less.
      b.   No fee.
      c.   A fixed fee.
      d.   None of the above.


   Source: 16.3




                                                 125
CFCM Study Group Sample Test
125.The following is false for Ordering Activity
   Responsibilities?

   a.   Order Placement
   b.   Termination individual orders of cause or convenience
   c.   The scope and complexity of the requirement's
   d.   Issuing final recessions on disputes arising from
        performance of an order or referring the dispute to the
        schedule contracting officer


   Source: 8.406




                                                                  126
CFCM Study Group Sample Test
126.What acquisition-related dollar thresholds are
   not subject to the USC statute regarding
   escalation?
   a.   David-Bacon Act, Service Contract Act, and the US Trade
        Representative pursuant to the authority of the Trade
        Agreements Act of 1979.
   b.   NAFTA, NAFTA 7012
   c.   NASA, NSA 52-521-7012
   d.   DFARs. 252.225-7012


   Source:




                                                             127
CFCM Study Group Sample Test
127. Policies for conducting Market Research

   a.   Contacting knowledgable individuals in government and
        industry regarding market capability to meet
        requirements
   b.   Agencies must ensure legitimate needs are identified and
        tradeoffs evaluated
   c.   If an agency contemplates awarding a bundled contract.
   d.   B and C, above


   Source: 10.001




                                                              128
CFCM Study Group Sample Test
128. Agencies must fulfill requirements following
   these rules:

   a.   Requirements shall not be written to require a particular
        branch name unless it is essential to the government.
   b.   Use market Research to promote full and open
        competition
   c.   Promoting the use of commercial items if they are
        suitable.
   d.   All of the above


   Source: 11.002




                                                                129
CFCM Study Group Sample Test
  129.Liquidated damage clauses 52-211-1 (Supplies &
     Services, R&D, FFP) 52-211-12 & 13 (Construction)
     are used when:


  a.   When the Government may expect to suffer damages if
       the delivery of performance is delinquent.
  b.   Compensate the government for probable damages.
  c.   Both a and b, above
  d.   Establishing a contract delivery or performance schedule.




                                                              130
CFCM Study Group Sample Test
130. When contracting for commercial items the
   contracting officer must:

  a.   Rely on contractors existing quality assurance system
  b.   Establish price reasonableness
  c.   Shall only acquire technical data and rights in that
       technical data that have been offered to the public
  d.   General use of Firm Fixed Price Contract Types
  e.   All of the above.


  Source: 12.003




                                                               131
CFCM Study Group Sample Test
131. If market research indicates commercial or
   non-developmental items might not be available
   to satisfy agency needs, agencies shall re-
   evaluate the need in accordance with
   10.001(a)(3)(ii) and
   a.   determine whether the need can be restated to permit
        commercial or non-developmental items to satisfy the
        agency's needs.
   b.   indicate in the solicitation that commercial or non-
        developmental items to not satisfy the agency's needs.
   c.   issue an RFI to determine the feasibility of developing an
        item to meet the agencies needs.
   d.   All of the above


   Source: 10.002(c)

                                                                132
CFCM Study Group Sample Test
132. DPAS (_____________) is a Department of
   Commerce regulation in support of approved
   national defense, emergency preparedness, and
   energy programs.
  a.   Defense Priorities and Acquisition System
  b.   Defense Procurement and Acquisition System
  c.   Defense Priorities and Allocations System
  d.   Defense Protection and Assessment System
  e.   All of the above


  Source: 11.600




                                                    133
CFCM Study Group Sample Test
133. There are two levels of priority for rated
   orders established by the DPAS, identified by the
   rating symbols "DO" and "DX" and are prioritized
   as follows:
   a.   All DO rated orders have equal priority with each other
        and take preference over unrated orders
   b.   All DX rated orders have equal priority with each other
        and take preference over DO rated and unrated orders.
   c.   Unrated orders do not take preference over either DO or
        DX rated orders
   d.   All of the above


Source: 11.603(a)



                                                              134
CFCM Study Group Sample Test
134. Part 12, Acquisition of Commercial Items, shall
   not apply to the acquisition of commercial items

      a.   At or below the micro-purchase threshold
      b.   Using the Standard Form 44
      c.   Using the Government-wide commercial purchase card
      d.   All of the above


Source: 12.102(e)




                                                                135
CFCM Study Group Sample Test
135. In negotiated acquisitions, each solicitation of
   offers to perform a contract or contract
   modification, that individually is expected to
   exceed _______ and that has subcontracting
   possibilities, shall required the apparently
   successful offeror to submit an acceptable
   subcontracting plan.
   a.   The simple acquisition threshhold
   b.   $500,000 ($750,000 for construction)
   c.   $650,000 ($1.5 million for construction)
   d.   The applicable NAICS Code small business sized standard


Source: 19.702(a)(1)



                                                             136
CFCM Study Group Sample Test
136. When setting aside an acquisition, each
   acquisition of supplies or services that has an
   anticipated dollar value exceeding

      a.   $3,000 but not over $150,000
      b.   $1,500 but not over $100,000
      c.   $650,000
      d.   the simple acquisition threshhold


Source: 19.502-2(a)




                                                     137
CFCM Study Group Sample Test
137. The Service Contract Act of 1965 applies to
   service contracts valued in excess of

      a.   $650,000
      b.   $2,500
      c.   $150,000
      d.   $300,000


   Source: 22.1002-1




                                                   138
CFCM Study Group Sample Test
138. The Walsh-Healy Public Contracts Act applies
   to supply contracts valued in excess of

      a.   $650,000
      b.   $300,000
      c.   $6.5M
      d.   $25,000


   Source: 22.6




                                                    139
CFCM Study Group Sample Test
139.The purpose of small business set-asides is
   ________________ .

      a.   to award certain purchases above $3,000 exclusively to
           small business concerns.
      b.   to provide fair and reasonable price competition.
      c.   to ensure that the government negotiates the best price to
           the maximum extent practicable.
      d.   to allow the Contracting Officer to maintain adequate
           oversight over goods and services acquired by the
           government.


Source: 19.5




                                                                    140
CFCM Study Group Sample Test
140.The Buy American Act restricts the purchase of
   supplies that are not domestic end products. For
   manufactured end products, the Buy American
   Act uses a two-part test to define a domestic end
   product. (1) The article must be manufactured in
   the United States; and (2) The cost of domestic
   components must exceed ____ percent of the
   cost of all the components.
      a.   10%
      b.   25%
      c.   30%
      d.   50%


Source: 25.101(a)


                                                  141
CFCM Study Group Sample Test
141. When awarding emergency response contracts
   during the term of a major disaster or emergency
   declaration by the President of the United States
   under the authority of the Robert T. Stafford
   Disaster Relief and Emergency Assistance Act (42
   U.S.C. 5121, et seq.), preference shall be given,
   to the extent feasible and practicable, to ______
      a.   contractors with significant past performance
      b.   local firms
      c.   small business subcontractors
      d.   Indian organizations and Indian-owned enterprises


Source: 26.202



                                                               142
CFCM Study Group Sample Test
142. __________ means a form of security assuring
   that the bidder— (1) Will not withdraw a bid
   within the period specified for acceptance; and
   (2) Will execute a written contract and furnish
   required bonds, including any necessary
   coinsurance or reinsurance agreements, within
   the time specified in the bid, unless a longer time
   allowed, after receipt of the specified forms.
      a.   Bid   security bond
      b.   Bid   guarantee
      c.   Bid   performance agreement
      d.   Bid   performance guarantee


Source: 28.002


                                                    143
CFCM Study Group Sample Test
143. The Miller Act requires performance and
   payment bonds for any _______ contract
   exceeding $150,000
      a.   services
      b.   construction
      c.   research and development
      d.   architect and engineering

      Source: 28.102(1)




                                               144
CFCM Study Group Sample Test
Patent Rights under government contracts.
      a.   Patent system is sued to promote the use of inventions
           arising from federally supported R&D
      b.   Ensure the inventions are used in a manner to promote
           competition and enterprise without inhibiting future R&D
      c.   A contract may require the contractor to assign government
           titles to any subject invention
      d.   March-in rights give agencies the right to require the
           contractor of a subject investigation to grant non-exclusive,
           partial exclusive, or exclusive license in and field of use
      e.   All of the above


Source: 27.3




                                                                      145
CFCM Study Group Sample Test
145. Insurance under cost reimbursement contracts
   a.   Insurance requirements are defined in the solicitation
   b.   Apply to the subcontractor
   c.   Insert clause 52.228-3 Workers Compensation Insurance
   d.   All of the above




                                                            146
CFCM Study Group Sample Test
146. A bond is _____________________________.

      a.   A form of security ensuring that the bidder will not withdraw
           a bid within the period specified for acceptance and will
           execute a written contract within the alloted time following
           an award.
      b.   Used to indemnify the contractor for loss or damage to
           government property.
      c.   A written instrument executed by a bidder or contractor
           (the principal), and a second party (the surety) to ensure
           fulfillment of the principal's obligations to a third party (the
           obligee or government).
      d.   All of the above.


Source: 28.001


                                                                        147
CFCM Study Group Sample Test
147. A Surety is defined as __________________.
      a.   An individual who is liable for the entire penal amount of the
           bond.
      b.   A corporation licensed under various insuance laws, and
           under its charter, that has legal power to act as surety for
           others.
      c.   One of two or more sureties that are jointly liable for the
           penal sum of a bond.
      d.   All of the above.


Source: 28.001




                                                                      148
CFCM Study Group Sample Test
148. All of the following are acceptable forms of
   security for a contract except.

      a.   United States bonds or notes.
      b.   A liability insurance policy that covers the full value of the
           contract.
      c.   Bank drafts, certified or cashier's checks, or irrevocable
           letter of credit.
      d.   Post office money orders or currency.
      e.   All above mentioned forms are acceptable form of security
           for US Gov’t Contracts


Source:    28.2




                                                                        149
CFCM Study Group Sample Test
149. The contracting officer shall not award a CAS-
   covered contract until the cognizant Federal
   agency official (CFAO) has made a written
   determination that a required ____________ is
   adequate

      a.   fully disclosed pricing package
      b.   contractor purchasing system
      c.   disclosure statement
      d.   small business plan


Source: 30.202-6(b)




                                                  150
CFCM Study Group Sample Test
150. __________________ means an estimate of
   future conditions affecting pension cost; e.g.,
   mortality rate, employee turnover, compensation
   levels, earnings on pension plan assets, and
   changes in values of pension plan assets.

      a.   Actuarial   benefit cost method
      b.   Actuarial   accrued liability
      c.   Actuarial   valuation
      d.   Actuarial   assumption


Source:    31.001




                                                151
CFCM Study Group Sample Test
       #     Ans   #    Ans   #        Ans   #     Ans   #     Ans   #     Ans
           1 D     26   C         51   D      76   C     101   C     126   A
           2 A     27   C         52   A      77   D     102   B     127   D
           3   D   28   C         53   D      78   B     103   A     128   D
           4   C   29   D         54   D      79   D     104   D     129   C
           5   A   30   C         55   D      80   D     105   D     130   E
           6   C   31   B         56   D      81   D     106   C     131   A
           7   D   32   C         57   D      82   D     107   D     132   C
           8   D   33   A         58   D      83   B     108   D     133   D
           9   C   34   C         59   C      84   D     109   D     134   D
       10      A   35   C         60   C      85   D     110   D     135   C
       11      C   36   C         61   D      86   B     111   D     136   A
       12      B   37   D         62   A      87   C     112   D     137   B
       13      D   38   C         63   B      88   D     113   C     138   C
       14      C   39   D         64   D      89   D     114   A     139   A
       15      A   40   D         65   D      90   A     115   D     140   D
       16      C   41   C         66   A      91   D     116   E     141   B
       17      D   42   A         67   A      92   D     117   B     142   B
       18      D   43   B         68   A      93   B     118   B     143   B
       19      C   44   D         69   D      94   B     119   B     144   E
       20      D   45   A         70   D      95   B     120   B     145   D
       21      D   46   D         71   A      96   D     121   B     146   C
       22      A   47   B         72   C      97   B     122   C     147   B
       23      B   48   B         73   B      98   D     123   B     148   B
       24      D   49   B         74   A      99   D     124   B     149   C
       25      C   50   C         75   B     100   C     125   C     150   D

                                                                                 152

								
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