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Analyzing Contract Costs Exam/ Complete Soltution To Score A+

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Analyzing Contract Costs Exam Here is your test result.The dots represent the choices you have made. The highlighted questions are the questions you have missed. Remediation Accessed shows whether... you accessed those links.'N' represents links not visited and 'Y' represents visited links. Back to Status page contains 55 Questions 1) Which of the following types of costs might be found both as direct costs and indirect costs, depending on the circumstance? [Recognize concerns that affect the other direct costs proposed] 2) Which of these statements below is correct regarding the criteria for classifying a special test equipment cost as an "other direct cost”? [Determine if the other direct costs are properly proposed] 3) Which of the following is an indirect cost pool? [Identify indirect cost pools and bases] 4) What two costs elements are required to calculate an indirect cost rate? [Identify the process of calculating indirect cost rates] 5) Which of the following is a phase in the allocation cycle? [Identify the cost allocation cycle] 6) How is simple linear regression used? [Identify what regression analysis is] [Remediation Accessed 7) Which regression method assumes a linear relationship between the dependent and independent variables? [Identify the different regression analysis methods] 8) Identify the situation where you would use simple linear regression. [Identify contract pricing situations where simple regression analysis should be considered] 9) After completing the five-step Least-Best-Squares-Fit (LBSF) process in developing a regression equation, you must evaluate which two aspects of the equation? [Identify the steps for using simple regression analysis] [Remediation Accessed :N] " 10) Which situation below would you use improvement curve analysis to evaluate proposed costs? [Identify situations where improvement curve analysis would be appropriate] 11) What is the first step in conducting improvement curve analysis? [Identify the steps for using improvement curve analysis] 12) Given the improvement curve data, calculate the cost objective for unit #8. 13) How is the Treasury Rate applied in calculating Facilities Capital Cost of Money (FCCOM)? [Recognize elements affecting facilities capital cost of money] [Remediation Accessed :N] 14) Which of the following statements is true concerning profit/fee calculations? [Identify the factors affecting profit/fee analysis] 15) When is the working capital adjustment used while calculating profit/fee? [Calculate a profit/fee using the appropriate structured approach] 16) What is the “base” that used in the calculation of the performance risk, contract type risk, and cost efficiency factor when using the weighted guidelines to determine a profit/fee objective? [– Develop a pre- negotiation position for profit or fee that is fair and reasonable.] [Show More]

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