In comparing previously proposed prices to current prices

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Reference no: EM132242091

The following are questions on Federal Government Contracting:

1. In comparing previously proposed prices to current prices, which facts would probably be the most difficult to determine?

A. Quantities

B. Start-up costs

C. Inflation/deflation

D. Sources

2. In selecting price or cost objectives, one of the biggest drivers on the selection will be:

A. Schedules

B. Technical objectives and issues

C. Price analysis

D. Past performance

3. True or False:

Should cost analysis assumes the use of the contractor’s existing work force, methods, materials, equipment, real property, operating systems, and management.

4. True or False:

When certified cost or pricing data is required, price analysis should also be used.

Reference no: EM132242091

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