Clc 056 clc 056 clc 05 - Study guides, Class notes & Summaries

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...

CLC 056 CLC 056 /CLC 056 Analyzing Contract Costs Exam CLC 056 Analyzing Contract Costs Exam CLC 056 Analyzing Contract Costs Exam CLC 056 Analyzing Contract Costs Exam CLC 056 Analyzing Contract Costs Exam CLC 056 Analyzing Contract Costs Exam CLC 056 Analyzing Contract Costs Exam CLC 056 Analyzing Contract Costs ExamCLC 056 Analyzing Contract Costs Exam QUESTIONS AND ANSWERS GRADED A QUESTIONS AND ANSWERS GRADED A QUESTIONS AND ANSWERS GRADED A QUESTIONS AND ANSWERS GRADED A QUESTIONS AND ANS...

2023 CLC 056 CLC 056 Analyzing Contract Costs Exam QUESTIONS AND ANSWERS GRADED A 1. Identify the circumstances when cost analysis should be performed by answering the following question: “Unless an exception to certified cost or pricing data applies, you can perform cost analysis on which of the following procurements? a. All of these are correct b. The award of a subcontract at any tier, if the contractor and each higher-tier subcontractor have been required to furnish certified cost or p...

PATHOPHYSI D236 CLC 056 Analyzing Contract Costs Exam Questions and Answers 100% Correct Guaranteed A+

PATHOPHYSI D236 CLC 056 Analyzing Contract Costs Exam Questions and Answers 100% Correct According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? Correct ans - Comparison of proposed prices received in response to the solicitation * How may you request an audit? Correct ans - All of these are correct A "questioned cost" is one that has not yet been evaluated. Correct ans - False * True or False: "Direct labor positions" share the same ...

PATHOPHYSI D236 CLC 056 Analyzing Contract Costs Exam Questions and Answers 100% Correct Guaranteed A+

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...

CLC 056 Analyzing Contract Costs Exam (98% grade). 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 Tru...

CLC 056 Analyzing Contract Costs Study Guide According to FAR 15.4, which of the following is one of the two most preferred price analysis techniques? - answerComparison of proposed prices received in response to the solicitation * How may you request an audit? - answerAll of these are correct A "questioned cost" is one that has not yet been evaluated. - answerFalse * True or False: "Direct labor positions" share the same titles and pay levels. - answerFalse * For which of the...

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