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: Apr 27, 2026

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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

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 3

The process of examining and evaluating a proposed price without evaluating its separate cost elements and proposed profit is called:

A : Technical analysis

B : Price analysis

C : Field pricing support analysis

D : Informal analysis

Answer: B

Question 4

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 5

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

Answer: C

Page: 1 / 25

Total 121 Questions | Updated On: Apr 27, 2026

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