Allowable cost reasonable - Study guides, Class notes & Summaries

Life & Health Insurance Exam Prep Questions and Answers 100% Pass Basic Medical Expense policies - Correct Answer ️️ -Provide coverage for Hospital, Surgical and Physicians Medical Expense. -Purchased as a individual or group policy. -provide first dollar coverage (no deductibles). -limited benefit periods and low coverage limits. Major Medical Expense Policy - Correct Answer ️️ --A supplement (in addition) to Basic Medical or as a stand-alone policy. -individual or group policy...

For an existing interior space, how many WELL Features are available? - Answer-98 plus 5 Innovation Features What visible transmittance (VT) parameters are required for Feature 63 Daylighting Fenestration? - Answer-60% VT for glazing over 2.1 m (7 ft) from the floor, and 50% VT for glazing below 2.1 m (7 ft) from the floor A new office building adjacent to a highway is designed to prevent the traffic noise from distracting building occupants. What should the maximum allowable average sound...

Which of the following statements is NOT true? a. The government encourages the maximum practicable commercial use of inventions made under government contracts. b. The government recognizes rights in data developed at private expense, and limits its demands for delivery of that data. c. The government requires that contractors obtain permission from copyright owners before including copyrighted works, owned by others, in data to be delivered to the government. d. Generally, the governmen...

Allowable Cost: Reasonable? correct answer: Yes Allowable Cost: Realistic? correct answer: No Allowable Cost: Any limitations set forth in FAR subpart 31.2? correct answer: Yes Allowable Cost: IAW the terms of the contract? correct answer: Yes Allowable Cost: IAW Common Law? correct answer: No Allowable Cost: Allocable? correct answer: Yes Allowable Cost: IAW Cost Accounting Standards; IAW Generally Accepted Accounting Standards? correct answer: Yes Allowable Cost: An...

Which of the following statements is NOT true? a. The government encourages the maximum practicable commercial use of inventions made under government contracts. b. The government recognizes rights in data developed at private expense, and limits its demands for delivery of that data. c. The government requires that contractors obtain permission from copyright owners before including copyrighted works, owned by others, in data to be delivered to the government. d. Generally, the governmen...

What is the definition of Price? - cost plus any fee or profit What is the Government's Pricing Policy? - comes from reasonable sources, and is done independently and separately; must be fair and reasonable Source Selection in regards to price - price or cost should be evaluated in SS procedures, even in event of trade off (is the Government willing to pay more for whatever the trade off is?) What does the Technical Team evaluate during SS procedures? - evaluate hours, hourly wages for la...

Life & Health Insurance Exam Prep Questions and Answers Rated A+ Basic Medical Expense policies Provide coverage for Hospital, Surgical and Physicians Medical Expense. -Purchased as a individual or group policy. -provide first dollar coverage (no deductibles). -limited benefit periods and low coverage limits. Major Medical Expense Policy -A supplement (in addition) to Basic Medical or as a stand-alone policy. -individual or group policy. -Take over when the Basic Policy runs out Hospital Expen...

CLC 056 exam Analyzing Contract Costs Exam (contains 55 questions) • 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. The offeror customarily treats similar costs as “other direct costs” under similar circumstances The proposed cost benefits only the proposed contract work Th...

WARRANT BOARD 2 EXAM QUESTIONS AND ANSWERS What are the 4 steps to minimize defective pricing? FAR 15.4 - answera. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is the reference for Acq plan (AP) and location of template? - answerAFFARS 5307.105 Color of Money - answer3400-O&M-1 year 3600-R&D-2 year 3080-procurement-3 year What are the elements of a contra...

WARRANT BOARD EXAM QUESTIONS AND ANSWERS What are the 4 steps to minimize defective pricing? FAR 15.4 - answera. Obtain DCAA audits prior to negotiation b. Audit work in process c. Pressure Contractor to correct deficiencies d. Have Contractor evaluate subcontract proposals properly What is the reference for Acq plan (AP) and location of template? - answerAFFARS 5307.105 Color of Money - answer3400-O&M-1 year 3600-R&D-2 year 3080-procurement-3 year What are the elements of a contract...