Cost or pricing data - Study guides, Class notes & Summaries

Introduction to Contract Pricing Latest Update 100% Correct Price or Cost Data Cost or pricing data are factual, not judgmental, and are verifiable. While they do not indicate the accuracy of the prospective contractor"s judgment about estimated future costs or projections, they do include the data forming the basis for that judgment. Cost or pricing data are more than historical accounting data; they are all the facts that can be reasonably expected to contribute to the soundness of ...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1 Complete Solution Manual and Instructor Resource for Intermediate Accounting, 18th Edition 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. ISBN- Chapter 1 Financial Accounting and Accounting Standards Assignment Classification Table (By Topic) Topics Questions Brief Exercises Exercises Critical Thinking 1. Environment of accounting, principles, objectives, sta...

CLM 023 Ability One Questions and Answers 100% Solved (JWOD) Act requires the Government to purchase supplies or services that the Commission determines are suitable to be added to the Procurement List (PL), at a Fair Market Price (FMP), from AbilityOne-participating nonprofit agencies, if they are available within the time period required. The supply or service must be on the PL prior to purchase. The Javits-Wagner-O'Day The U.S. AbilityOne Commission is an independent federal agency authori...

Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1 Complete Solution Manual and Instructor Resource for Intermediate Accounting, 18th Edition 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. ISBN- Chapter 1 Financial Accounting and Accounting Standards Assignment Classification Table (By Topic) Topics Questions Brief Exercises Exercises Critical Thinking 1. Environment of accounting, principles, objectives, sta...

CON 170 Exam 2 (STUDY GUIDE), Units 4-5 MAY 2020 (Version B) 1. Proposal analysis techniques includes: (Select all that apply) (4 points) a. x Price analysis b. x Cost analysis c. x Cost realism analysis d. x Technical analysis e. x Unit pricing f. x Unbalanced pricing 2. Free On Board Destination is defined as: (4 points) a. Government will pick up the deliverable from the contractor facility b. x Contractor bears the expense of transporting the item...

FAR 1.602-2; 3.104-4; 15.207 (2016-05-31) Q: What are the CO's responsibilities in source selection? 1. Procedures to safeguard source selection information. 2. Approve access to/release source selection information. 3. Maintain SS evaluation records. Source Selection 2016 DoD Source Selection Manual, 1.4.1.2 (2016-05-31) Q: What are the SSA responsibilities? 1. Proper and efficient conduct of SS process. 2. Appoint respective chairpersons. 3. Establish SS team and ensur...

CON 1300 Exam (Latest 2024/ 2025 Update) Questions and Verified Answers-100% Correct- Grade A Q: Proposal analysis is done by a contracting officer to determine proposed prices to be ____ and _____ in all contract actions Answer: Fair and Reasonable Q: Proposal Analysis Techniques Answer: 1. Price 2. Cost 3. Cost Realism 4. Technical Analysis 5. Unit Pricing and Unbalanced Pricing Q: Cost Realism Analysis Answer: The process of independently reviewing and...

CLC 056 Analyzing Contract Costs Exam 100% 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 modif...

What is bigger in the tourism industry, fixed costs or variable costs? fixed costs are bigger -Think of an airplane: staffing, airport fees (fixed) - huge amount of the costs for airplanes come from fixed costs; food, fuel (variable) - not as easy to determine the variable costs We can reduce prices (even below total cost per room), as long as the reduced price covers, fixed cost per room or variable cost per room? We can reduce prices as long as the reduced price covers the variable ...