Financial Accounting > QUESTIONS & ANSWERS > ACQ 202 Module 3 part 1, Questions with accurate answers, Rated A+ (All)
ACQ 202 Module 3 part 1, Questions with accurate answers, Rated A+
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ACQ 202 Module 3 part 1, Questions with accurate answers, Rated A+ During course selection, a contractor call you with a question about the request for proposal (RFP). To whom should you refer this... inquiry? - ✔✔Contracting Officer In Government contracting, one criterion for cost allowability is that the contractor's costs must comply with Generally Accepted Accounting Principles (GAAP) and - ✔✔Government Cost Accounting Standards (CAS) During source selection, evaluators reviewing the proposals and compiling their questions for individual offerors is commonly referred to as - ✔✔fact finding the _____ presents the total revenues and expenses of a company for a given period - ✔✔income statement which of the following is something you should NOT do during negotiations? - ✔✔reach agreements on how to perform tasks What form of information exchange would a contracting officer use to reach agreement with a offeror over the terms of a contract? - ✔✔Negotiation To implement a company's business strategy, an effective organizational structure will: - ✔✔Support one's company's vision An effective organizational structure can create a competitive advantage by: - ✔✔Facilitating responsiveness to change For a contract cost to be considered "allowable" it must meet certain criteria. If the cost can be attributed to a specific contract, which one of the following criteria is met? - ✔✔Reasonable [Show More]
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