CLC 056 Analyzing Contract Costs Exam 100%2023
CLC 056 Analyzing Contract Costs Exam 100%2023 1. Which of the following situations are considered exempt from the submission of Certified Cost or Pricing Data? • Prices are set by law or regulation • Sole source acquisition of $3.5M FFP effort; price determined using cost analysis • Price may be determined fair and reasonable based on price analysis proposal techniques • Non-commercial modification of a commercial item. Modification funded by DoD and constitutes 5% of value of modification 2. When given a set of data that appears to contain outliers, which measure of central tendency is most appropriate to use? • Median • Coefficient of Determination • Mean • Mode 3. What is an important driver to a successful negotiation? • Listen to understand • Ensure your position is heard • Maintain position of power • Obtain the lowest price for the government 4. Which of the following would be a proper method of determining the reasonableness of a contractor’s proposed labor hour estimate?
Written for
- Institution
- CLC 056 Analyzing Contract
- Course
- CLC 056 Analyzing Contract
Document information
- Uploaded on
- November 28, 2023
- Number of pages
- 8
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
- clc 056 analyzing
- clc 056
-
clc 056 analyzing contract costs exam 1002023
-
clc 056 analyzing contract costs
-
clc 056 analyzing contract
