Exam (elaborations)
Certified Federal Contracts Manager (CFCM) 1. A cost is reasonable if, in its nature and amount, it does not exceed: that which would be incurred by a prudent person in the conduct of competitive business. 2. Advance Agreements should not be negotiated: a
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Certified Federal Contracts Manager (CFCM) 1. A cost is reasonable if, in its nature and amount, it does not exceed: that which would be incurred by a prudent person in the conduct of competitive business. 2. Advance Agreements should not be negotiated: after the incurrence of the costs involv...
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