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: Mar 26, 2025

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Question 1

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 2

Consolidating two or more requirements for supplies or services, previously provided or performed under separate smaller contracts, into a solicitation for a single contract is defined as:

A : Combining

B : Consolidating

C : Bundling

D : Mixing

Answer: C

Question 3

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

Question 4

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 5

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

Page: 1 / 25

Total 121 Questions | Updated On: Mar 26, 2025

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