CLC 056 Exam-Analyzing Contract Costs Exam | 55 Questions with Verified Answers
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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...
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CLC 056 Exam-Analyzing Contract Costs Exam | 55 Questions with Verified Answers•CLC 056 Exam-Analyzing Contract Costs Exam | 55 Questions with Verified Answers
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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...