100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CLC 056 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |GET IT 100% CORRECT!! ALREADY GRADED A+ $27.99
Add to cart

Exam (elaborations)

CLC 056 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |GET IT 100% CORRECT!! ALREADY GRADED A+

1 review
 3 purchases
  • Course
  • CLC 056
  • Institution
  • CLC 056

CLC 056 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |GET IT 100% CORRECT!! ALREADY GRADED A+

Preview 4 out of 71  pages

  • December 4, 2024
  • 71
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CLC 056
  • CLC 056

1  review

review-writer-avatar

By: jibril • 2 months ago

avatar-seller
Testflix
12/4/24, 2:34 PM CLC 056 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |GET IT 100% …




CLC 056 |2024 UPDATE |ACTUAL EXAM
QUESTIONS AND VERIFIED
ANSWERS/ACCURATE SOLUTIONS |GET IT 100%
CORRECT!! ALREADY GRADED A+


Practice questions for this set


Learn


Studied 7 terms


Nice work, you're crushing it



Continue studying in Learn




Terms in this set (99)




https://quizlet.com/979736299/clc-056-2024-update-actual-exam-questions-and-verified-answersaccurate-solutions-get-it-100-correct-already-gr… 1/71

,12/4/24, 2:34 PM CLC 056 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |GET IT 100% …



Cost analysis is the Contracting Officers are required to purchase
review and evaluation of supplies and services from responsible sources at
the separate cost fair and reasonable prices. This requirement is based
elements and proposed on the three elements that form the foundation of
profit/fee of an offeror's the government's pricing objective.
certified cost or pricing
data or data other than
certified cost or pricing
data.


It is important to evaluate
the separate cost
elements and proposed
profit/fee to determine
how the proposed costs
represent the cost of the
contract, assuming
reasonable economy and
efficiency.

In contracting, when you act as the government's
buyer, your primary objective is to acquire supplies
and services from responsible sources at fair and
Government Objective:
reasonable prices.
purchase at fair and
reasonable price
The three approaches acknowledged by the
price each contract
government to attain this objective are:
separately
exclude contingencies
Price analysis
Cost analysis
Cost realism analysis




https://quizlet.com/979736299/clc-056-2024-update-actual-exam-questions-and-verified-answersaccurate-solutions-get-it-100-correct-already-gr… 2/71

,12/4/24, 2:34 PM CLC 056 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |GET IT 100% …

It is critical that you In order to develop a prenegotiation position, you
understand techniques will analyze contract costs and price using contract
and terms of cost analysis techniques.
analysis. Terms that are
important not only Prenegotiation objectives establish the
include cost analysis, government's initial negotiation position. The
price analysis, and cost Contracting Officer establishes prenegotiation
realism analysis, but also objectives before the negotiation of any pricing
terms such as direct action.
costs, indirect costs, and
other direct costs.


In addition, there are
techniques with which
you should be familiar.
These include the various
price analysis techniques
and procedures that help
the government to
ensure a fair and
reasonable price.


You may be responsible
for selecting the
techniques for
comparison that are used
to verify that the overall
price that is offered is fair
and reasonable.




https://quizlet.com/979736299/clc-056-2024-update-actual-exam-questions-and-verified-answersaccurate-solutions-get-it-100-correct-already-gr… 3/71

, 12/4/24, 2:34 PM CLC 056 |2024 UPDATE |ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS/ACCURATE SOLUTIONS |GET IT 100% …

There are many methods Round Table
for estimating costs in an In a round table, experts are brought together to
equitable and develop cost estimates by exchanging views and
consistently applied way. making judgments based on knowledge and
Some cost estimating experience. This method is most commonly used
texts identify ten or more! when there is little or no cost experience or
Some common methods detailed product information (e.g., specifications,
are: drawings, or bills of material).
Round-table
Comparison
Detailed




https://quizlet.com/979736299/clc-056-2024-update-actual-exam-questions-and-verified-answersaccurate-solutions-get-it-100-correct-already-gr… 4/71

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Testflix. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $27.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64033 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$27.99  3x  sold
  • (1)
Add to cart
Added