CON 170 Exam 1 Review Test Submission, Complete Solution 100%

Review Test Submission: Exam 1 CON 170 User Course CON170_20055-Virtual Instructor-Led Training;06/16/2020 08:00 AMTest Exam 1 CON 170 Started 6/19/20 9:19 AM Submitted 6/19/20 11:46 AM Status Completed Attempt Score Grade not available. Time Elapsed 2 hours, 26 minutes out of 2 hours and 30 minutes Results Displayed Submitted Answers, Incorrectly Answered Questions • Question 1 4 out of 4 points Which of the following is NOT an exception to the requirement for Certified Cost and Pricing Data? Selected Answer: b. Small Disadvantaged Business • Question 2 4 out of 4 points Regarding the use of Performance Based Payments, which of the following statements is FALSE? Selected Answer: a. A performance based payment constitutes acceptance of a good or service • Question 3 4 out of 4 points FAR 30.101(a) requires that contractors with CAS covered contracts: Selected c. Answer:Comply with CAS, disclose practices in writing, and consistently follow those practices • Question 4 4 out of 4 points Which of the following statements are correct regarding data other than certified cost or pricing data? Selected Answer: c. Data other than certified cost or pricing data means pricing data, cost data and judgemental information necessary for the contracting officer to determine a fair and reasonable price or to determine cost realism • Question 5 4 out of 4 points Market research is: Selected Answer: d. A continuous process regulat