Passitexams

Which of the following are exemptions to the Cost Accounting Standards? - ANSWER-Small Businesses; Contracts based on established or market prices or fixed by law or regulation; All contracts awarded using sealed bidding Using the CAS Coverage and Disclosure Statement Determination flowchart, determine if the original (basic) BBOMS contract is subject to CAS - ANSWER-Yes, none of the listed exemptions apply. Since this is a negotiated procurement in excess of $7.5 M, the contract is coved by ...

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...

Which of the following are exemptions to the Cost Accounting Standards? - ANSWER-Small Businesses; Contracts based on established or market prices or fixed by law or regulation; All contracts awarded using sealed bidding Using the CAS Coverage and Disclosure Statement Determination flowchart, determine if the original (basic) BBOMS contract is subject to CAS - ANSWER-Yes, none of the listed exemptions apply. Since this is a negotiated procurement in excess of $7.5 M, the contract is coved by ...

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Information Technology (IT) - ANSWER-the computers and other electronic devices used to store, retrieve, transmit and manipulate data Cybercrime - ANSWER-Any criminal action perpetrated primarily through the use of a computer Phishing - ANSWER-a technique to gain personal information for the purpose of identity theft, usually by means of fraudulent e-mail Hacking - ANSWER-Intentionally accesses a computer without authorization or exceeds authorized access. Social networking - ANSWER-...