Confidently Practice Online with Free CFCM Exam Cram

Practice your Certified Federal Contract Manager certification test with free CFCM exam cram and take control of your certification preparation. At FreeExamCram, you can practice online for free using real CFCM exam dumps, verified questions, and expert-designed free online practice tests. Moreover our NCMA CFCM exam cram backed by our confidence-boosting refund guarantee.

Question 1

The contracting officer's certification can serve as approval of the justification for other than full and open competition for a proposed contract NOT exceeding

Options :

A : $25,000

B : $550,000

C : 1,500,000

D : $5,000

Answer: B

Question 2

If defective pricing is discovered after award:

Options :

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

Answer: C

Question 3

Which statement about proposal revisions is true?

Options :

A : A contracting officer may consider a revision to a proposal that has been eliminated or otherwise removed from the competitive range

B : Final proposal revisions may be oral

C : The contracting officer may request or allow proposal revisions to clarify and document understandings reached during negotiations

D : Cut off dates for submission of final proposal revisions are negotiated with each offeror

Answer: C

Question 4

Which of these is NOT a normal function of a contract administration office?

Options :

A : Review the Contractor-s compensation structure and insurance plans

B : Conduct post-award orientation conferences

C : Assist the contractor in management of its subcontractors

D : Determine the Contractor-s compliance with Cost Accounting Standards

Answer: C

Question 5

Contracting activities shall employ simplified acquisition procedures to the maximum extent practicable for acquisitions of commercial items not exceeding:

Options :

A : $1,000,000

B : $100,000

C : $5,000,000

D : $3,000,000

Answer: C