Negotiated pricing - Study guides, Class notes & Summaries

CON 1100V Exam (Latest 2024/ 2025 Update) Questions and Verified Answers-100% Correct-Grade A Q: A is any request to submit offers or quotations to the Government. Answer: A solicitation is any request to submit offers or quotations to the Government. Q: Solicitations under sealed bid procedures are called . Answer: Solicitations under sealed bid procedures are called Invitation for bid. Q...

Test Bank for Management and Cost Accounting 11e, 11th Edition by Colin Drury, Mike Tayles ISBN-13: 3615 Full Chapters test bank included Part 1: Introduction to Management and Cost Accounting Chapter 1: Introduction to Management Accounting The Users of Accounting Information Differences between Management Accounting and Financial Accounting The Decision-Making, Planning and Control Process The Impact of the Changing Business Environment on Management Accounting Focus on Customer ...

CON 2370 Simplified Acquisition Procedures Questions and Answers Already Passed You are the contracting officer for a firm-fixed price supply contract valued at $195,400. Which one of the following statements about contract closeout is correct? The contract is considered closed once you receive evidence of receipt of property and final payment. Which of the following statements is true regarding the policies for the use of simplified acquisition procedures (SAP)? Purchases shall be made in the...

IDIS 240 EXAM 2 - EVAN VESTAL - SPRING 2024 GRADED A+ List Price Nationally Advertised Price Selling Price List Price - Trade Discounts = COGS + Margin or = COGS + Markup Net Price Selling price - all allowable discounts (cash discounts), equal to selling price IF NO DISCOUNTS Cost of Goods Sold (COGS) Cost of Merchandise + Freight charges from Manufacturer Freight Cost The cost of moving an item from where it was manufactured to either the distributor or the customer's l...

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 170 TEST NUMBER 1 25 QUESTIONS/4 POINTS EACH 1. The term “cost or pricing data” means all facts that, as of the date of agreement on the price of a contract (or the price of a contract modification), or, if applicable consistent with subsection (e)(1)(B), another date agreed upon between the parties, a prudent buyer or seller would reasonably expect to affect price negotiations significantly. Such term does include information that is judgmental, but does not include the factual inform...

CLC 058 Exam Questions and Answers 100% Pass Cost or Pricing Data All facts that, as of the date of price agreement or an earlier date agreed upon between the parties, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. 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 ...

CON 3900 - Week 3 Questions and Answers Already Passed It is the Government's pricing policy to purchase supplies and services at fair and reasonable prices from: Responsible sources What are the two types of negotiated acquisitions? Sole source and competitive What is the objective of a source selection? To select the proposal that represents the best value Which contract type shifts cost risk from the Government to the contractor? Fixed-price Which of the following best describ...

AF Contracting Officer Study Guide (unofficial) Exam Questions and Answers *Source Selection* FAR 1.602-2; 3.104-4; 15.207 () Q: What are the CO's responsibilities in source selection? - Answer-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 () Q: What are the SSA responsibilities? - Answer-1. Proper and efficient conduct...

Cost or Pricing Data All facts that, as of the date of price agreement or an earlier date agreed upon between the parties, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. 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 da...