CLC 056 – ANALYZING CONTRACT COSTS exam-version 3-graded-2022

Document Content and Description Below

1) Given the following data, calculate the standard deviation. Sample data: 13, 12, 9, 15, 11, 16, 17, 8, 12, 7, 12 3.05 3.19 4.21 4.12 2) Who has the authority to waive CAS applic... ability for a particular contract? A level above the contracting officer The Agency Head The Contracting Officer's Representative The Cognizant Federal Agency Official 3) Which sampling technique is used to focus on high-value items? Stratified Nonprobability Random Cluster 4) Which of the following are factors used in calculating the Facilities Capital Cost of Money (FCCOM) amount? Division-wide allocation base amounts Company-wide allocation base amounts Proposal allocation base amounts Percentage of land, building, and profit distributions 5) Which of the following is a grouping of all positions that share the same title and pay level? Position classification plan Direct labor position Position description Position class 6) The purpose of an audit is to: All of these are correct Verify transaction legality Determine the degree of compliance with established procedures Determine if the data is accurate and complete 7) Which of the following labor classifications most likely involves fashioning parts from raw materials or purchased materials? CONTINUED.................. [Show More]

Last updated: 1 year ago

Preview 1 out of 17 pages