VIP Exclusive
CFCM VIP Certification Practice Exam II
CFCM — The CFCM (Certified Federal Contracts Manager) is administered by the National Contract Management Association (NCMA); the real exam consists of 100 multiple-choice questions over 3 hours, with a 70% passing threshold, and is based on the NCMA Body of Knowledge covering pre-award, award, and post-award phases of federal contracting.
30
Questions
180m
Time Limit
70.00%
To Pass
Question 1 of 30👑 VIP
A contracting officer is administering a cost-plus-fixed-fee (CPFF) contract for research and development. The contractor submits a request for equitable adjustment (REA) claiming $480,000 in additional costs because the government issued a change order that substantially increased the scope of work. The CO reviews the contractor's cost breakdown and discovers that the contractor included $62,000 in independent research and development (IR&D) costs as a direct charge. Under FAR cost principles, what action should the CO take regarding these IR&D costs?
Questions 2–30 and full explanations are VIP-exclusive.