Contract specialist Study guides, Class notes & Summaries
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•	 CON 170 MIDTERM EXAM QUESTIONS AND CORRECT ANSWERS 2023 | Defense Acquisition University
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CON 170 MIDTERM EXAM QUESTIONS AND CORRECT ANSWERS 2023 | Defense Acquisition University 
 
1.	Which of the following statements most closely summarizes government pricing objectives? b. Acquire goods and services from responsible sources at fair and reasonable prices. 
 
2.	As a contract specialist, you should be aware that: 
a)	Different sellers in the same market may have different pricing objectives and approaches. 
b)	Sellers in different markets often have different approaches to con...
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HFMA's CSAF 2021, Certified Specialist Accounting And Finance Study Guide 2024.
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HFMA's CSAF 2021, Certified Specialist Accounting And Finance Study Guide 2024. 
Contribution Margin - ANSWER Difference between marginal revenue and marginal cost. 
 
Break-even point - ANSWER Level of sales volume of a product producing the exact amount of contribution margin needed to cover fixed costs. 
 
Overhead - ANSWER Indirect Costs 
 
Activity-based costing (ABC) - ANSWER Method of determining product costs using cost drivers or activity measures, which cause indirect costs to be incu...
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Property & Casualty - Mike Russ Practice Test Questions With Complete Solutions
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Insurance broker means a person who, for compensation and on behalf of another person, transacts insurance other than life with, but not on behalf of, an insurer. 
True or False? correct answer: False - An insurance broker is a specialist in insurance and risk management. Brokers act on behalf of their clients and provide advice in the interests of their clients. 
 
Transacting insurance includes: 
A. Execution of a contract of insurance 
B. All of the choices 
C. Solicitation 
D. Negotiation c...
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BIOD 151 Lab Exam 5
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Portage Learning BIOD 151 A&P 1 Lab 5 Exam A specialist in the field of myology would study : muscles bones mental functions hor mones Discuss how muscles help in the function of communication: Your Answer: The muscles that we have responsible for: • movement around the mouth and neck that help with speech • non-verbal expressions (facial) • swallowing Muscles contract to allow us to speak; both verbal and nonverbal communication (facial expressions) Which of the following is true concerni...
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Contract Management Specialist I (Parks and Recreation Department) Questions With Complete Solutions
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Contract Management Specialist I (Parks and Recreation Department) Questions With Complete Solutions
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SCL1501 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
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Well-structured SCL1501 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)......... QUESTION 1 
Explain the concept ‘law” and thereby show how it is different from other social rules or norms. (4) 
QUESTION 2 
2.1 “State” is a non-physical entity, an abstract notion or phenomenon created by citizens through their deemed agreement (i.e. social contract). 
(a) In the light of the above statement, explain the concept “state” fu...
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LRM3702 Assignment 8 2023 (ANSWERS)
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LRM3702 Assignment 8 2023 (ANSWERS) 
 
QUESTIONS ANSWERED: 
QUESTION 1 
Read the following news report and answer questions 1.1 and 1.2 that follows. 
SEVERAL HOSPITALS HIT HARD BY PUBLIC SECTOR STRIKE 
The ongoing public sector strike has had severe consequences for several major hospitals in three 
provinces. On Tuesday, doctors and nurses across these provinces faced significant challenges due to 
the strike. Protesters blocked access to the hospitals, making it extremely difficult for heal...
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Sports Medicine EOPA (2023/2024) Already Passed
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Sports Medicine EOPA (2023/2024) Already Passed Abduction Movement away from the midline of the body 
Adduction Movement toward the midline of the body 
Acute Injury An injury with sudden onset and short duration (1-3 days) 
Aerobic Process that requires oxygen EX: running, soccer 
Anaerobic Process that does not require oxygen EX: football 
dynamic stretching technique in which muscles are stretched by moving joints slowly and fluidly through their range of motion in a controlled manner; also c...
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WGU D076 Finance Skills for Managers Questions and Answers 100% Pass
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WGU D076 Finance Skills for Managers Questions and Answers 100% Pass 
Accounting The system of recording, reporting, and summarizing past financial information and transactions. 
Accounts Receivable Turnover (AR Turnover) An activity ratio found by credit sales divided by accounts receivable. 
Activity Ratios A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and profitability. 
Additional Funds Needed (AFN) ...
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CON 1100V Exam (2024/ 2025 Update) Questions and Verified Answers-100% Correct-Grade A
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CON 1100V Exam (2024/ 2025 Update) Questions and Verified Answers-100% Correct-Grade A 
 
Q: It may be said that a Contracting Specialist DOES NOT become a Contracting Officer until 
 
 
Answer: 
he/she is awarded a warrant. 
 
 
 
Q: FAR 1.102-4(e) states that: 
 
 
Answer: 
contracting officers "should take the lead in encouraging business process innovations and ensuring that business decisions are sound." 
 
 
 
Q: The contracting professional should strive to __________ the influence of p...
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