Cost estimates are submitted by contractors in connection

Assignment Help Financial Management

Reference no: EM131176603

1: The cost actually incurred and recorded in accomplishing the work within a given time period is called the: (a)Cost Variance. (b)Budget at Completion (c)Actual Cost of work performed (d)Budgeted Cost for work performed

2: To trigger a formal schedule or cost performance analysis, the program office establishes: (a)Variance thresholds (b)Scheduled review points (c)End of contract assessments (d)Periodic depending on performence achevement

3: The most important and critical part of earned value is: (a)The accurate determination of the actual cost of the work performed (b)A realistic approach to work package planning and BCWS values for milestones (c)The use of a computerized system collecting data and calculating performance (d) The determination of cost performance compared to the originally developed plans

4: _____ is responsible for evaluating the reasonableness of the offered prices. (a)Contracting officer (b)Price analyst (c)Engineer (d)Contract auditor (e)None of the above

5: Cost estimates are submitted by contractors in connection with: (a)Modification and change proposals (b)Prices of spare parts (c)Rates for time and material contracts (d) estimated and final costs of cost type contracts (e) All of the above

Reference no: EM131176603

Questions Cloud

True of the capital asset pricing model : Which statement is NOT true of The Capital Asset Pricing Model (CAPM):

What is the price of the bond : Doug has been approached by his broker to purchase a bond for $795. He believes the bond should yield 8%. The bond pays a 5% annual coupon rate and has 12 years left until maturity. What is the price of the bond? Should he buy the bond or not and why..

Value of each option using no-arbitrage arguments : The current price of a non-dividend-paying stock is $40. Over the next six months it is expected to rise to $42 or fall to $37. An investor buys put options with a strike price of $41. The risk-free interest rate is 2% per annum with continuous compo..

Power model and associated unit space values : You have calculated the following power model and associated unit space values:

Cost estimates are submitted by contractors in connection : The cost actually incurred and recorded in accomplishing the work within a given time period is called the. To trigger a formal schedule or cost performance analysis, the program office establishes: Cost estimates are submitted by contractors in conn..

Two basic types of cost-plus-fixed-fee contracts : There are two basic types of cost-plus-fixed-fee contracts. ______ describes the scope of work to be done in general terms and which obligates the contractor to devote a specified level of effort for a stated period of time for the conduct of researc..

What is standard deviation of return for combined investment : Stock A has a standard deviation of returns of 21% and Stock B has a standard deviation of returns of 20%. Suppose you decide to invest all of your investment funds in these two stocks, and 39% is invested in Stock A. The correlation coefficient of r..

Relationships between firm and market stages of growth : Please explain the following relationships between a firm and it's market stages of growth, the kind of financing it should be seeking, the providers of such external finance at each stage of a market's development, the appropriate mix of debt to equ..

Provides the greatest annual interest : Which of the following provides the greatest annual interest? If you have $20,000 in an account earning 8% annually, what constant amount could you withdraw each year and have nothing remaining at the end of five years?

User Account

All Pages