How much to propose on a cost contract for general

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Question 1: A measure of the amount of distance, between data points is the:

1. Measure of reliability

2. Sum of the means

3. Confidence interval

4. Range

Question 2: When analyzing direct labor categories and hours in a contractor's proposal the primary focus of the analysis should be which of the following?

a) To determine if the offeror uses the same titles for labor categories that your company uses.

b) To determine how the contractor, if awarded your contract, will advertise to hire people to do the work.

c) To determine if the proposed mix of skill and hours are reasonable for the work required.

d) To determine the G&A rate

Question 3: Which of the following represents the "base" used for determining how much to propose on a cost contract for General and Administrative expenses?

a) Total price of the contract after including at percentage for profit

b) Total of all contract costs before profit would be the correct base

c) The base would be costs which are unallowable under the contract

d) The base would only include expenses associated with the direct costs to do the work

Reference no: EM132468230

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