CFCM Study Guide 2026
Everything you need to pass the CFCM exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 CFCM Exam Format at a Glance
📚 CFCM Topics to Study (90)
✍️ Sample CFCM Questions & Answers
1. Which document establishes the framework for DoD system safety requirements on major defense acquisition programs?
MIL-STD-882 (System Safety) establishes requirements and guidance for developing and implementing a system safety program on defense acquisition programs.
2. What is a Blanket Purchase Agreement (BPA) most accurately described as?
A BPA is a simplified method for filling anticipated repetitive needs by establishing a 'charge account' arrangement with a supplier, reducing administrative burden.
3. Which scenario represents a violation of the Certified Federal Contracts Manager code of professional conduct?
Misrepresenting qualifications or certification status is a serious violation of professional conduct. It undermines public trust and can lead to harm when unqualified individuals perform specialized work.
4. What is 'accord and satisfaction' in the context of federal contract disputes?
Accord and satisfaction occurs when parties mutually agree to settle a disputed obligation, typically for a lesser amount, extinguishing the original claim.
5. Under FAR Part 6, which authority allows an agency to limit competition to a single source when only one responsible source can satisfy agency needs?
FAR 6.302-1 authorizes other-than-full-and-open competition when only one responsible source exists and no other supplies or services will satisfy agency requirements.
6. Under FAR 32.112, what action must a contracting officer take if a contractor's progress payment financing becomes unsatisfactory?
FAR 32.112 permits the contracting officer to reduce or suspend progress payments if the contractor's financial condition or performance is unsatisfactory, after providing notice.