Clc 056 analyzing contract costs Study guides, Class notes & Summaries
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CLC 056 Analyzing Contract Costs Exam CLC 056 Analyzing Contract Costs Exam 100% CLC 056 Analyzing Contract Costs Exam 100%
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CLC 056 Analyzing Contract 
Costs Exam 
CLC 056 Analyzing 
Contract Costs 
Exam 100% 
CLC 056 Analyzing Contract Costs Exam 100% 
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 ...
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CLC 056 Analyzing Contract Costs Questions and Answers 100% Correct
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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...
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CLC 056 Analyzing Contract Costs Study Guide | 80 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 9 pages • 2023
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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 ...
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CLC 056 Analyzing Contract Costs Study Guide Accurate 100%
- Exam (elaborations) • 7 pages • 2023
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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...
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CLC 056 Analyzing Contract Costs Study Guide | 160 Questions with 100% Correct Answers | Verified | Latest Update 2024 | 23 Pages
- Exam (elaborations) • 23 pages • 2023
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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 ...
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CLC 056 Exam questions and answers_ CLC 056 Analyzing Contract Costs Exam (2021)
- Exam (elaborations) • 12 pages • 2022
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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 the cri...
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CLC 056 Analyzing Contract Costs Study Guide
- Exam (elaborations) • 22 pages • 2024
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CLC 056 Analyzing Contract Costs Study Guide
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CLC 056 Analyzing Contract Costs Exam Questions With Verified Answers Latest Updated 2024 (GRADED)
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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...
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CLC 056 Analyzing Contract Costs Study Guide (A+ Guaranteed)
- Exam (elaborations) • 7 pages • 2023
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- $10.89
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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...
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CLC 056 Analyzing Contract Costs Study Guide Questions With 100% Correct
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
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- $7.59
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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 ...
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