Clc 056 final exam Study guides, Class notes & Summaries
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CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) Answered
- Exam (elaborations) • 24 pages • 2023
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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...
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CLC 056 Final Exam-with 100% verified solutions-2023
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CLC 056 Final Exam-with 100% verified solutions-2023
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CLC 056 Final Exam-with 100% verified solutions-2023
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CLC 056 Final Exam-with 100% verified solutions-2023
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CLC 056 Final Exam-with 100% verified solutions-2023
- Exam (elaborations) • 24 pages • 2023
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CLC 056 Final Exam-with 100% verified solutions-2023
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CLC 056 Final Exam Analyzing Contract Costs. Questions With Answers.
- Exam (elaborations) • 28 pages • 2022
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CLC 056 Final Exam Analyzing Contract Costs. Questions With Answers.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. 
1.) Which of the following must be true to properly classify a cost as an “other direct 
cost”? 
The offeror customarily treats similar costs as “other...
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CLC 056 EXAM QUESTIONS AND ANSWERS
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CLC 056 EXAM QUESTIONS AND ANSWERS 
1.	In which of the following phases does the contractor determine actual indirect cost rates? 
Final allocation phase 
2.	Given the improvement curve data, calculate the cost objective for unit #8. 
a.	Labor hours for unit #4: 120 hours 
b.	Labor hours for unit #1: 160 hours 
c.	Rate of improvement: 10% 
d.	Improvement curve slope: 90%
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2023 CLC 056 /CLC 056 Analyzing Contract Costs Exam QUESTIONS AND ANSWERS GRADED A
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2023 CLC 056 /CLC 056 Analyzing Contract Costs Exam 
QUESTIONS AND ANSWERS GRADED A 
1. Identify the circumstances when cost analysis should be performed by answering the following question: 
“Unless an exception to certified cost or pricing data applies, you can perform cost analysis on which of the 
following procurements? 
a. All of these are correct 
b. The award of a subcontract at any tier, if the contractor and each higher-tier subcontractor have been 
required to furnish certified cost...
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CLC 056 Analyzing Contract Costs Exam 100%
- Exam (elaborations) • 49 pages • 2023
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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...
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2023 CLC 056 /CLC 056 Analyzing Contract Costs Exam QUESTIONS AND ANSWERS GRADED A
- Exam (elaborations) • 8 pages • 2023
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2023 CLC 056 /CLC 056 Analyzing Contract Costs Exam 
QUESTIONS AND ANSWERS GRADED A 
1. Identify the circumstances when cost analysis should be performed by answering the following question: 
“Unless an exception to certified cost or pricing data applies, you can perform cost analysis on which of the 
following procurements? 
a. All of these are correct 
b. The award of a subcontract at any tier, if the contractor and each higher-tier subcontractor have been 
required to furnish certified cost...
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CLC 056 Analyzing Contract Costs2023-2024 Exam Questions And Answers GRADED A
- Exam (elaborations) • 8 pages • 2023
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CLC 056 Analyzing Contract Costs Exam Questions And 
Answers GRADED A 
 Which of the following situations are considered exempt from the submission of Certified Costor 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 proposaltechniques 
• Non-commercial modification of a commercial item. Modification funded by DoD andconstitute...