• CON 170 Exam 1 Defense Acquisition University | Complete Solution 2023 | Score 92%
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• CON 170
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• CON 170
• CON 170 Exam 1 Defense Acquisition University | Complete Solution 2023 | Score 92%
You completed this test on 06/08/2023, 10:18
Your score is 92.00%
CORRECT
The total anticipated dollar value of the contract is $65.3M, including all options. Assuming the contractor does not cl...
CON 170 Exam 1 Defense Acquisition University | Complete Solution 2023 | Score 92%
You completed this test on 06/08/2023, 10:18
Your score is 92.00%
Congratulation you Passed Exam 1.
CORRECT
The total anticipated dollar value of the contract is $65.3M, including all options. Assuming the
contractor does not claim any exemptions and CAS applies, what clauses(s) will you include in the
resulting contract? (Select all that apply)
✓ FAR 52.230-2
FAR 52.233-2
✓ FAR.52.230-6
FAR 52.23.6
CORRECT
A semi-variable cost;
✓ includes a fixed and variable element
remains constant, even as activity level changes
is the sum of the fixed and variable (and semi-variable)
costs. increases or decreases with respect to each change in
the activity level
CORRECT
AThlils rsteudayssoounrcaebwlaes dcoowsntlosadaerd ebyN10O00T008a66ll6o03w82a1bfrloem CourseHero.com on 06-26-2023 06:40:25 GMT -05:00
For the below Cost Plus-Fixed-Fee contract scenarios, compute the fixed fee
FINAL COST ON CONTRACT: $2,520,000
Estimated Cost: $2,430,000
FIXED FEE Computed at 10%
$252,000
✓ $243,000
$225,000
$234,000
CORRECT
All of the following are true regarding Firm-Fixed Price Contracts except:
Price is not subject to any adjustment on the basis of the contractor’s cost experience in performing
the contract Places upon the contractor maximum risk and full responsibility for all costs and
resulting profit or loss
✓ Provides for payment of allowable costs and a negotiated fee that is fixed at inception of the contract
Provides maximum incentive for contractor to control cost
Imposes a minimum administrative burden upon the contracting parties
CORRECT
All of the following are fundamentals of market research except:
Become an informed buyer
Find sources capable of satisfying the agency's requirement
Determine the most suitable approach to acquire supplies and services
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