Clc 056 analyzing contract costs Study guides, Class notes & Summaries

According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? - ANSWER-Comparison of proposed prices received in response to the solicitation * How may you request an audit? - ANSWER-All of these are correct A "questioned cost" is one that has not yet been evaluated. - ANSWER-False * True or False: "Direct labor positions" share the same titles and pay levels. - ANSWER-False * For which of the following procurements would you require ce...

According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? - ️️Comparison of proposed prices received in response to the solicitation * How may you request an audit? - ️️All of these are correct A "questioned cost" is one that has not yet been evaluated. - ️️False * True or False: "Direct labor positions" share the same titles and pay levels. - ️️False * For which of the following procurements would you require certif...

CLC 056 Analyzing Contract Costs Questions and Answers 100% Correct CLC 056 Analyzing Contract Costs Questions and Answers 100% Correct CLC 056 Analyzing Contract Costs Questions and Answers 100% Correct CLC 056 Analyzing Contract Costs Questions and Answers 100% Correct What is a fair price to the seller? - ANSWER-A fair price for the seller means that the seller will be able to satisfy the terms and conditions of the contract. An offer that is too low is considered unrealistic. It ma...

According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? - Comparison of proposed prices received in response to the solicitation * How may you request an audit? - All of these are correct A "questioned cost" is one that has not yet been evaluated. - False * True or False: "Direct labor positions" share the same titles and pay levels. - False * For which of the following procurements would you require certified cost or pricing data? - An ...

According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? - ANSWER Comparison of proposed prices received in response to the solicitation * How may you request an audit? - ANSWER All of these are correct A "questioned cost" is one that has not yet been evaluated. - ANSWER False * True or False: "Direct labor positions" share the same titles and pay levels. - ANSWER False * For which of the following procurements would you require ce...

CLC 056 Analyzing Contract Costs Study Guide

CLC 056 Analyzing Contract Costs Exam Questions With Verified Answers Latest Updated 2024 (GRADED) Differentiate between the measures of central tendency and the methods for measuring dispersion When given a set of data that appears to contain outliers, which measure of central tendency is most appropriate to use?  Median Determine if an exception to the Truth-in-Negotiations Act applies Which of the following situations are considered exempt from the submission of certified cost or pr...

According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? correct answers Comparison of proposed prices received in response to the solicitation * How may you request an audit? correct answers All of these are correct A "questioned cost" is one that has not yet been evaluated. correct answers False * True or False: "Direct labor positions" share the same titles and pay levels. correct answers False * For which of the following procu...

According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? - Comparison of proposed prices received in response to the solicitation * How may you request an audit? - All of these are correct A "questioned cost" is one that has not yet been evaluated. - False * True or False: "Direct labor positions" share the same titles and pay levels. - False * For which of the following procurements would you require certified cost or pricing data? - An ...

According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? - ANSWER Comparison of proposed prices received in response to the solicitation * How may you request an audit? - ANSWER All of these are correct A "questioned cost" is one that has not yet been evaluated. - ANSWER False * True or False: "Direct labor positions" share the same titles and pay levels. - ANSWER False * For which of the following procurements would you require ce...