CLC 056 ANALYZING CONTRACT COSTS

CLC 056 Analyzing Contract Costs Exam Questions and Answers 2024

CLC 056 Analyzing Contract Costs Exam Questions and Answers 2024

CLC 056 Analyzing Contract Costs Exam

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 modification 2. When given a set of data that ap...

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...

Analyzing Contract Costs ExamHere 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' representsvisited links. Back to Status pagecontains 55 Questions1) Which of the following types of costs might be found both as direct costs and indirect costs,depending on the circumstance? [Recognize concerns that affect the oth...

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CLC 056 Analyzing Contract Costs Exam 1 - Questions and Answers