Free NCMA CFCM Exam Questions

Become NCMA Certified with updated CFCM exam questions and correct answers

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Total 121 Questions | Updated On: Dec 26, 2024

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Question 1

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

A : $1,000,000

B : $100,000

C : $5,000,000

D : $3,000,000

Answer: C

Question 2

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

A : $1,000,000

B : $100,000

C : $5,000,000

D : $3,000,000

Answer: C

Question 3

Performance and payment bonds are required or may be required for:

A : Construction contracts exceeding $2,000

B : Construction contracts exceeding $100,000

C : Services and supply contracts exceeding the simplified acquistion threshold when necessary to protect the Government's intrest

D : Both b and c

Answer: D

Question 4

All of the following are true concerning Project Wage Determinations EXCEPT:

A : They are issued at the specific request of a contracting agency

B : They are effective for 90 calendar days from the date of determination

C : They are used only when no general wage determination applies

D : They apply only to the contracts for which they were issued

Answer: B

Question 5

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 : $5,000

Answer: B

Page: 1 / 25

Total 121 Questions | Updated On: Dec 26, 2024

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