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: Jan 29, 2026

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Question 1

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

Question 2

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

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 3

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

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

There are two value engineering approaches, the:

A : Contractor approach and the Government program

B : Government approach and the contractor program

C : Incentive approach and the mandatory program

D : Mandatory approach and the incentive program

Answer: C

Page: 1 / 25

Total 121 Questions | Updated On: Jan 29, 2026

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