CLC 056 Exam (CLC056)
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CLC 056 Analyzing Contract Costs Exam (98% grade) 54/55 answered correct FALL-2021/2022 EDITION GUARANTEED GRADE A+
- Exam (elaborations) • 12 pages • 2021
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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 Truth-in-Negotiations Act applies 
Which of the foll...
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Analyzing Contract Costs clc 056 Exam ALL ANSWERS 100% CORRECT GUARANTEED GRADE A+
- Exam (elaborations) • 11 pages • 2021
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1)	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 other direct costs proposed] 
 
Travel 
 
Direct Material G&A Overhead Utilities 
 
2)	Which of these statements below is correct regarding the criteria for classifying a special test equipment cost as an "other direct cost”? [Determine if the other direct costs are properly proposed] 
Engineered, designed, fabricated, or modified ...
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CLC 056 exam Analyzing Contract Costs Exam 100% CORRECTLY ANSWERED
- Exam (elaborations) • 78 pages • 2021
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CLC 056 exam Analyzing Contract Costs Exam 100% CORRECTLY ANSWERED Here 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' represents visited links. The offeror customarily treats similar costs as “other direct costs” under similar circumstances The proposed cost benefits only the proposed contract work Th...
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