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

CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) • Here is your test result.The dots represent the choices you have made. • The highlighted questions are the questions you have missed. • Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. The offeror customarily treats similar costs as “other direct costs” under similar circumstances The proposed cost benefits only the proposed contract work Th...

CLC 056 Analyzing Contract Costs Exam Questions and Answers 2024

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CLC 056 Analyzing Contract Costs Study Guide (Download To Score An A).

CLC 056 Analyzing Contract Costs Exam (98% grade). Identify strategies to mitigate cost risk Which of the following is the best strategy to mitigate cost risk?  Conduct adequate market research prior to entering negotiations 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 Tru...

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 of a commercial item. Modification funded by DoD and constitutes 5% of value of modif...

CLC 056 Analyzing Contract Costs Exam Questions and Answers 2024

CLC 056 Analyzing Contract Costs Study Guide with Complete Solutions CLC 056 Analyzing Contract Costs Study Guide with Complete Solutions CLC 056 Analyzing Contract Costs Study Guide with Complete Solutions 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...

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