Trivia Quiz: Certified Federal Contract Manager! Certification Exam

108 Questions | Total Attempts: 733

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Trivia Quiz: Certified Federal Contract Manager! Certification Exam - Quiz

Are you preparing for the certified contract manager certification exam? The quiz below is perfect for helping you out with your revision as it combines most of the topics covered and some questions from past exams that some students had a hard time answering. Do you think you can tackle it with ease? Give it a try and be on the lookout for another like it!


Questions and Answers
  • 1. 
    According to the FAR:
    • A. 

      An unauthorized commitment may be ratified as long as funds are available

    • B. 

      The contracting officer is the ratification approval authority for actions up to $2,500

    • C. 

      Agencies should take positive action to preclude the need for ratification actions

    • D. 

      Proper delegation of micro-purchase authority eradicates any need for ratification procedures

  • 2. 
    A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as a:
    • A. 

      Ratification

    • B. 

      Determination and Findings

    • C. 

      Contracting Officer's Final Decision

    • D. 

      Waiver

  • 3. 
    Class D & Fs:
    • 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

  • 4. 
    The point when agency needs are established and includes all activities directly related to the process of fulfilling agency needs by contract is defined as
    • A. 

      Contracting

    • B. 

      Requirements definition

    • C. 

      Acquisition

    • D. 

      Procurement

  • 5. 
    Which of the following is a Commercialitem?
    • A. 

      A commercialitem 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 been offered, to the general public

    • D. 

      A nondevelopmental item used exclusively for governmental purposes

  • 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

  • 7. 
    Which of the following are included in the definition of "contracts"?
    • A. 

      Awards and notices of awards and grants

    • B. 

      Letter contracts and cooperative agreements

    • C. 

      Letter contracts and job orders issued under Basic Ordering Agreements

    • D. 

      Blanket Purchase Agreements and lmprest Funds

  • 8. 
    The Government can minimize the opportunity for buying-in by using any of the following techniques:
    • A. 

      Simplified acquisition procedures

    • B. 

      Priced options, amortization of nonrecurring costs, and simplified acquisition procedures

    • C. 

      Simplified acquisition procedures, costs, and multiyear oontracting

    • D. 

      Multiyear contracting, priced options, and amortization of nonrecurring costs

  • 9. 
    Contractor's arrangements to pay contingent fees for soliciting Government contracts  have long been considered contrary to public policy because
    • A. 

      They discourage competition

    • B. 

      Such arrangements may lead to attempted or actual exercise of improper influence

    • C. 

      They result in excessive overhead costs

    • D. 

      Accountability of costs idifficult to track

  • 10. 
    A contract with a corporation shall be signed:
    • A. 

      By the Chief Financial officer

    • B. 

      By the head of the contracts department

    • C. 

      In the corporate name, followed by the word "by" and the signature and title of the person authorized to sign

    • D. 

      By the Chief Executive Officer

  • 11. 
    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

  • 12. 
    Acceptable methods for disseminating information on proposed contract actions include:
    • A. 

      Assisting local trade association in disseminating information to their members, announcements in magazines at no cost, phone calls

    • B. 

      Synopsis in the Government-wide point of entry, phone calls, and paid advertisements c. Assisting local trade association in disseminating information to their members, announcements in magazines at no cost, and synopsis in the Government-wide point of entry

    • C. 

      Assisting local trade association in disseminating information to their members, announcements in magazines at no cost, and synopsis in the Government-wide point of entry

    • D. 

      Paid advertisements in newspapers published and printed in the District of Columbia when supplies and services will not be supplied/furnished in or around the District of Columbia

  • 13. 
    The Contracting  Officer may use competitive proposals in lieu of sealed bids if:
    • A. 

      Time permits the solicitation, submission, and evaluation of sealed bids

    • B. 

      Award will be made on the basis of price and other price related factors

    • C. 

      It is necessary to conduct discussions

    • D. 

      The resulting contract will be with a small business

  • 14. 
    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
    • A. 

      $25,000

    • B. 

      $550,000

    • C. 

      1,500,000

    • D. 

      $5,500,000

  • 15. 
    FAR Part 6, Competition Requirements, applies to which of the following:
    • A. 

      A $1M contract for construction

    • B. 

      A contract awarded using the simplified acquisition procedures of Part 13

    • C. 

      A contract modification for $1M that is within the scope and under the terms of an existing, t contract

    • D. 

      A $1M task order placed against a task order contract entered into pursuant to Subpart 16.5

  • 16. 
    If other than full and open competition is anticipated, the acquisition plan must be coordinated with the cognizant
    • A. 

      Competition Advocate

    • B. 

      Head of the Contracting Activity

    • C. 

      Small Business Office

    • D. 

      Contract administrator

  • 17. 
    Acquisition planning should begin:
    • A. 

      When a purchase request is received

    • B. 

      When a Statement of Work is received

    • C. 

      As soon as the agency need is identified

    • D. 

      Within 30 days of receipt of the purchase request

  • 18. 
    The Federal Supply program provides Federal agencies with a simplified process for obtaining commonly used commercial supplies  and services at prices associated with volume buying. It is directed and managed by the:
    • A. 

      Commerce Department

    • B. 

      Executive Department

    • C. 

      General Services Administration

    • D. 

      Defense Logistics Agency

  • 19. 
    Which of the following is the name of GSA's electronic system which allows ordering activities to post requirements, obtain quotes, and issue orders electronically:
    • A. 

      GSA Advantage!

    • B. 

      GSA Stock

    • C. 

      E-Buy

    • D. 

      Customer Supply Center

  • 20. 
    In the event that the Federal Prison Industries (FPI) and nonprofit agencies participating in the Javits-Wagner-O'Day (JWOD) Pr()gram produce identical supplies, the ordering offices shall purchase supplies  from the following sources based on priority. Identify the source which has first priority:
    • A. 

      JWOD participating nonprofit agencies

    • B. 

      FederalPrison Industries, Inc.

    • C. 

      Commercial sources

    • D. 

      Federal Supply Schedule

  • 21. 
    Normally, testing and approval is appropriate in contracts for:
    • A. 

      Research and Development

    • B. 

      Products requiring qualifications before award

    • C. 

      Products normally sold in commercial market

    • D. 

      Products requiring an approved first article to serve as a manufacturing standard

  • 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

  • 23. 
    Agencies are required to use the results of market research to determine:
    • A. 

      If detailed government specifications exist

    • B. 

      A fair and reasonable price

    • C. 

      The government's requirements

    • D. 

      The extent to which commercial items or nondevelopmentalitems could satisfy the need

  • 24. 
    If market research indicates that neither commercial items nor nondevelopmental items are available to satisfy agency needs, agencies:
    • A. 

      Must reevaluate the need and determine whether it can be restated to permit commercial or nondevelopmental items to satisfy them

    • B. 

      May set-aside the procurement

    • C. 

      Are authorized to pursue the acquisition as a restricted procurement

    • D. 

      Shall solicit and award any resultant c(mtract using FAR Part 12 policies and procedures

  • 25. 
    Contract delivery or performance may be expressed by:
    • A. 

      The means determined by the requiring activity

    • B. 

      Specific number of days from the date of the contract

    • C. 

      Specific time for delivery after receipt by the buyer of each order under the contract

    • D. 

      Any means the contractor specified in its bid or proposal

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