CLC 056 – ANALYZING CONTRACT COSTS exam
1) Given the following data, calculate the standard deviation. Sample data: 13, 12, 9, 15, 11, 16, 17, 8, 12, 7,
12
3.05
3.19
4.21
4.12
2) Who has the authority to waive CAS applicability for a particular contract?
A level above the contracti...
clc 056 – analyzing contract costs exam 1 given the following data
calculate the standard deviation sample data 13
9
8
7
12 305 319 421 412 2 who has the au
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National Defense University
CLC 056 – ANALYZING CONTRACT COSTS (CLC056)
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CLC 056 – ANALYZING CONTRACT COSTS exam
1) Given the following data, calculate the standard deviation. Sample data: 13, 12, 9, 15, 11, 16, 17, 8, 12, 7,
12
mig_10121471 1
3.05
3.19
4.21
4.12
2) Who has the authority to waive CAS applicability for a particular contract?
10139585 1
A level above the contracting officer
The Agency Head
The Contracting Officer's Representative
The Cognizant Federal Agency Official
3) Which sampling technique is used to focus on high-value items?
mig_10121412 1
Stratified
Nonprobability
Random
Cluster
4) Which of the following are factors used in calculating the Facilities Capital Cost of Money (FCCOM)
amount?
10139591 1
Division-wide allocation base amounts
Company-wide allocation base amounts
Proposal allocation base amounts
Percentage of land, building, and profit distributions
5) Which of the following is a grouping of all positions that share the same title and pay level?
, mig_10121428 1
Position classification plan
Direct labor position
Position description
Position class
6) The purpose of an audit is to:
mig_10121408 1
All of these are correct
Verify transaction legality
Determine the degree of compliance with established procedures
Determine if the data is accurate and complete
7) Which of the following labor classifications most likely involves fashioning parts from raw materials or
purchased materials?
mig_10121426 1
Quality Control
Fabrication
Assembly
Engineering
8) What is the government’s primary objective in negotiations?
mig_10121504 1
To ensure the agreed to price is the same, or lower, than the government’s objective
To establish a profit/fee percentage that is in line with previous contracts with the particular contractor
To agree on each element of cost with the contractor
To agree on a price that is fair and reasonable to the government and the contractor
9) Which contract clause is inserted in contracts that are subject to full CAS coverage?
mig_10121462 1
FAR 52.230-2 Cost Accounting Standards
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