M1 business level 2 Study guides, Revision notes & Summaries
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CLC 056 Exam questions and answers_ CLC 056 Analyzing Contract Costs Exam (2021)
- Exam (elaborations) • 12 pages • 2022
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1) Which of the following must be true to properly classify a cost as an “other direct cost”? [Recognize concerns that affect the other direct costs proposed] All of these The proposed cost benefits only the proposed contract work The offeror customarily treats similar costs as “other direct costs” under similar circumstances The contractor’s accounting system segregates “other direct costs” from similar indirect costs 2) Which of these statements below is correct regarding the cri...
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APM PMQ Exam 7th Ed Final Exam 2024
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1) Functional Organisation Structure - ANSWERS- Functional teams 
- Primarily BAU/Deparmental Projects 
- Common for orgs providing std products (e.g. manuf.) 
 
(1) Functional Organisation Structure Advantages - ANSWERS- Staff gain technical expertise 
- Good functional problem solving 
- Peer learning straight forward 
- Job Security 
- Clear career progression 
 
(1) Functional Organisation Structure Disadvantages - ANSWERS- Corporate projects become difficult due to "Siloed" nature 
- Func...
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CLC 056 Exam questions and answers_ CLC 056 Analyzing Contract Costs Exam (2023)
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CLC 056 Analyzing Contract Costs Exam 
1. Identify the circumstances when cost analysis should be performed by answering the following question: 
“Unless an exception to certified cost or pricing data applies, you can perform cost analysis on which of the 
following procurements? 
a. All of these are correct 
b. The award of a subcontract at any tier, if the contractor and each higher-tier subcontractor have been 
required to furnish certified cost or pricing data. 
c. The modification of any ...
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Defense Acquisition University CLC CLC 056| CLC 056 (7 sets for the final exams) Complete questions and answers
- Exam (elaborations) • 182 pages • 2023
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According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? - correct answer Comparison of proposed prices received in response to the solicitation * 
 
How may you request an audit? - correct answer All of these are correct 
 
A "questioned cost" is one that has not yet been evaluated. - correct answer False * 
 
True or False: "Direct labor positions" share the same titles and pay levels. - correct answer False * 
 
For which of the following p...
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CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) Answered
- Exam (elaborations) • 27 pages • 2021
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CLC 056 exam 
Analyzing Contract Costs Exam (contains 55 questions) 
•	Here is your test result.The dots represent the choices you have made. 
•	The highlighted questions are the questions you have missed. 
•	Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. 
 
 
 
 
The offeror customarily treats similar costs as “other direct costs” under similar circumstances 
The proposed cost benefits only the propose...
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GENITOURINARY EXAM MASTER EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+
- Exam (elaborations) • 236 pages • 2024
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1 
GENITOURINARY EXAM MASTER 
EXAM | QUESTIONS & ANSWERS 
(VERIFIED) | LATEST UPDATE | GRADED 
A+ 
Case 
A 62-year-old woman is being treated for chronic congestive heart failure. She has been 
put on hydrochlorothiazide therapy. Her serum electrolyte levels are being monitored 
and show a persistent hypokalemia. 
Question 
The addition of what to her therapeutic regimen would be most appropriate? 
Correct Answer: Correct Answer: 
Amiloride 
Explanation 
Amiloride is a potassium-sparing ...
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ECS3701_Notes_ Monetary Economics ,STUDY NOTES 2022 (All Units)
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ECS3701_Notes_ Monetary Economics.STUDY NOTES 2022 (All Units). 
CHAPTER 1: WHY STUDY MONEY, BANKING AND FINANCIAL MARKETS 
Why study financial markets? 
Securities - a claim on the issuer’s future income or assets that is sold by a 
borrower to a lender. Securities may also be referred to as financial 
instruments. Financial instruments may be divided into two main categories: 
money market instruments (e.g. Negotiable Certificate of Deposit (NCDs), 
Commercial Papers; Retirement Annuity (RAs...
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SOPHIA UNIT 4 PRACTICE MILESTONE 4,100% CORRECT
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Which of the following explains why a business calculates its current ratio? • To determine whether it is credit worthy • To evaluate its profitability • To evaluate its liquidity • To determine the initial stock price 2 Which of the following illustrates a pure risk? • A company experiences a data breach after upgrading technology. • A company loses all customer data after a tornado destroys the corporate office. • A company loses money after introducing a new product. • A compa...
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CLC 056 – ANALYZING CONTRACT COSTS exam | latest update 2022
- Exam (elaborations) • 14 pages • 2022
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CLC 056 – ANALYZING CONTRACT COSTS exam 
1) Given the following data, calculate the standard deviation. Sample data: 13, 12, 9, 15, 11, 16, 17, 8, 12, 7, 
12 
3.05 
3.19 
4.21 
4.12 
2) Who has the authority to waive CAS applicability for a particular contract? 
A level above the contracting officer 
The Agency Head 
The Contracting Officer's Representative 
The Cognizant Federal Agency Official 
3) Which sampling technique is used to focus on high-value items? 
Stratified 
Nonpr...
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CLC056 Analyzing Contract Costs Exam 2022 LATEST UPDATE
- Exam (elaborations) • 12 pages • 2022
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Analyzing Contract Costs Exam 
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contains 55 Questions 
1) Which of the following must be true to properly classify a cost as an “other direct cost”? 
[Recognize concerns that affect the other direct cost...
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