12th Grade Contracts Quizzes, Questions & Answers

Think your child knows their 12th grade Contracts? Challenge them with our fun and engaging Contracts quizzes! Perfect for reinforcing classroom learning and discovering new facts about the world around them.

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Certified Federal Contracts Manager Quiz! Trivia

This is a Certified Federal Contracts Manager exam practice test! If you want to hold a contract from the federal government, the go-to person to ensure you do it all right is a CFCM as they provide all the laws laid down for a...

Questions: 33 | Attempts: 4404 | Last updated: Oct 6, 2023

Sample Question
According to the FAR

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

The contracting officer is the ratification approval authority for actions up to $ 2,500.00

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

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