Free NCMA CFCM Exam Questions

Become NCMA Certified with updated CFCM exam questions and correct answers

Page: 1 / 25

Total 121 Questions | Updated On: Aug 18, 2026

Add To Cart

Question 1

Which of the following is an example of a contract under which contractors could be authorized to use Government supply sources?

A : Government firm-fixed price contract

B : Contract under the Javits-Wagner-O'Day Act

C : A negotiated contract with a contractor that has no other Government cost-reimbursement type contracts

D : Time and materials contracts for repair of commercial equipment

Answer: B

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

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 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

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: Aug 18, 2026

Add To Cart