Practice Test Geeks(CFCM) Certified Federal Contracts Manager Practice Test
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Professional Ethics & Conduct Flashcards

7 cards from real CFCM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Professional Ethics & Conduct flashcards as text

  1. A CFCM candidate is asked by their employer to certify a claim they believe is inflated. Under NCMA's ethical standards, the appropriate response is to:

    Answer: Refuse to certify a claim they believe is inaccurate and document their objection

    NCMA's Code of Ethics and the Contract Disputes Act require that certifications reflect honest belief in the accuracy of the claim; certifying a known overstatement is fraud.

  2. Which regulatory mechanism requires contractors with contracts over $5.5 million and a performance period of 120+ days to maintain a written code of business ethics?

    Answer: FAR 52.203-13, Contractor Code of Business Ethics and Conduct

    FAR 52.203-13 mandates that qualifying contractors maintain a written ethics code, employee training, and an internal reporting mechanism (hotline).

  3. A contractor submits a proposal that includes labor rates based on a teaming agreement that has since fallen through. The contract manager is aware of this. What is the ethical obligation?

    Answer: Disclose the change in circumstances to the contracting officer before award

    Material changes in the basis for a proposal must be disclosed to the Government to avoid misrepresentation; failure to disclose can constitute fraud.

  4. Under the Procurement Integrity Act (41 U.S.C. § 2102), which information is specifically prohibited from being disclosed during a federal procurement?

    Answer: Contractor bid or proposal information and source selection sensitive information

    The Procurement Integrity Act specifically protects contractor bid or proposal information and source selection sensitive information from unauthorized disclosure.

  5. A contracting officer suspects a contractor is front-loading a fixed-price contract by inflating early milestone payments. This practice is ethically problematic because it:

    Answer: Creates an unfair financial advantage for the contractor by receiving payment before value is delivered, and may misrepresent actual costs

    Front-loading misrepresents the value of work performed and shifts financial risk to the Government by paying for work not yet accomplished.

  6. Under 5 C.F.R. Part 2635, a Government employee who is negotiating a contract with a company and simultaneously seeking employment with that company must:

    Answer: Recuse themselves from the procurement and report the employment contact to their ethics official

    Seeking employment with a contractor on a matter you are handling is a disqualifying financial interest requiring immediate recusal and ethics official notification.

  7. A CFCM who also serves as NCMA chapter president learns that a member has submitted a fraudulent small business certification on a set-aside contract. The CFCM's ethical obligation is to:

    Answer: Report the credible evidence of fraud to the appropriate Government authority (OIG or SBA OIG) regardless of the professional relationship

    Fraudulent set-aside certifications are federal crimes; the CFCM's duty to uphold the law supersedes professional relationships, and reporting to the appropriate Government authority is required.