Prime costs consist of - Study guides, Class notes & Summaries

Prep Question CON 3900V With 100% Correct Answers Who develops a solicitation? (Select all that are correct) A. The Government B. The buyer C. The contractor D. The seller - answerAnswer: A. The Government and B. The buyer Who prepares an offer? (Select all that is correct) A. The Contractor B. The Government C. The Seller D. The Buyer - answerAnswer: A. The contractor and C. the seller During the post-award phase while the contract is being performed, who has responsibility for qua...

Prep Question CON 3900V With 100% Correct Answers Who develops a solicitation? (Select all that are correct) A. The Government B. The buyer C. The contractor D. The seller - answerAnswer: A. The Government and B. The buyer Who prepares an offer? (Select all that is correct) A. The Contractor B. The Government C. The Seller D. The Buyer - answerAnswer: A. The contractor and C. the seller During the post-award phase while the contract is being performed, who has responsibility for qua...

Who develops a solicitation? - The Government & The Buyer. Who prepares an offer? - The Government & The Buyer. During the post-award phase while the contract is being performed, who has responsibility for quality? - The Seller. Personal conflict of interest? - FAR part 3 Organizational conflict of interest? - FAR part 9 Openness for the contracting officer applies primarily to? - The Acquisition Team, Contractors, Offerors, The Contracting Team. You need to document a business...

Pre-qualification The ________________________ process results in a select bidders list, or short list, which identifies firms that have demonstrated to the owner that they have the necessary abilities to perform the required work. General Conditions Often referred to as the boiler plate, the _____________________ augment the construction contract (agreement) and outline the rules under which the project will be built by establishing the rights, authority, and obligations of the contrac...

Prep Question CON 3900V With 100% Correct Answers Who develops a solicitation? (Select all that are correct) A. The Government B. The buyer C. The contractor D. The seller - answerAnswer: A. The Government and B. The buyer Who prepares an offer? (Select all that is correct) A. The Contractor B. The Government C. The Seller D. The Buyer - answerAnswer: A. The contractor and C. the seller During the post-award phase while the contract is being performed, who has responsibility for qua...

CERTIFIED GENERAL APPRAISER. Questions and answers, verified/ THE FACT THAT RENTS TEND TO BE SET BY THE MARKET FOR EQUALLY DESIRABLE SPACE REFLECTS THE PRINCIPLE OF A. BALANCE B. SUBSTITUTION C. EXTERNALITIES D. SUPPLY AND DEMAND E. CONFORMITY - B THE NET INCOME THAT REMAINS AFTER THE PROPER COSTS OF LABOR, CAPITAL, AND ENTREPRENEURSHIP HAVE BEEN PAID IS A. SURPLUS RENT B. OPPORTUNITY COST C. EFFECTIVE INCOME D. LAND RENT E. CONTRACT RENT - D ALL OF THE FOLLOWING ARE ESSENTIAL...

Managerial Accounting Exam 1 (Ch. 1-3) || All Questions & Answers (Rated A+) Managerial Accounting Exam 1 (Ch. 1-3) || All Questions & Answers (Rated A+) Indirect Labor is a part of? A. Prime Cost / B. Conversion Cost / C. Period Cost / D. Nonmanufacturing Cost - ANSWER - B. Conversion Cost The difference between the overhead cost applied to Work in Process and the actual overhead costs of a period is termed? - ANSWER - underapplied or overapplied overhead. POHR=? divided...

Indirect Labor is a part of? A. Prime Cost / B. Conversion Cost / C. Period Cost / D. Nonmanufacturing Cost correct answers B. Conversion Cost The difference between the overhead cost applied to Work in Process and the actual overhead costs of a period is termed ? correct answers underapplied or overapplied overhead. POHR= ? divided by Estimated Total Units in the allocation base for coming period correct answers POHR = Estimated Total Amount of M.O.H. Cost for the Current...

Certification CQPA PART 1,2,3,4 LATEST 2023 Part 1 Part 1 quality planning structured method of designing and establishing steps necessary to ensure that a product or service satisfies a customer. Shewhart 1930s developed methods for statistical analysis and control of quality; One of Deming teachers; SPC control chart; Shewhart cycle- Plan do study act Deming 1950s taught methods to Japanese engineers and executives; origin of TQM; 14 Points, cooperation, theory of profound knowledg...

CERTIFIED GENERAL APPRAISER: Exam Review Questions and answers, verified/ THE FACT THAT RENTS TEND TO BE SET BY THE MARKET FOR EQUALLY DESIRABLE SPACE REFLECTS THE PRINCIPLE OF A. BALANCE B. SUBSTITUTION C. EXTERNALITIES D. SUPPLY AND DEMAND E. CONFORMITY - B THE NET INCOME THAT REMAINS AFTER THE PROPER COSTS OF LABOR, CAPITAL, AND ENTREPRENEURSHIP HAVE BEEN PAID IS A. SURPLUS RENT B. OPPORTUNITY COST C. EFFECTIVE INCOME D. LAND RENT E. CONTRACT RENT - D ALL OF THE FOLLOWING...