CLC 058

CLC 058 Introduction to Contract Pricing Questions and Verified Answers| Graded A

True or False: Certified cost or pricing data must be factual data, and must not include judgmental information. [Recognize the importance of documenting contract negotiations] True Fals e 2) When pricing a fixed price contract using the cost principles and procedures at FAR Part 31, the final price accepted by the parties reflects agreement only on the total price, and not on the individual cost elements. [Identify the applicability of the cost principles and procedures to various type...