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CLC 058 Introduction to Contract Pricing - Section 894/ Introduction to Contract Pricing Exam CLC058 (answered)
Exam (elaborations) • 8
pages
• 2022
True or False: Certified cost or pricing data must be factual data, and

must not include judgmental information. [Recognize the importance of

documenting contract negotiations]

True

Fals

e

2) When pricing a fixed price contract using the cost principles and

procedures at FAR Part 31, the final price accepted by the parties reflects

agreement only on the total price, and not on the individual cost elements.

[Identify the applicability of the cost principles and procedures to various type...
CLC 058 Introduction to Contract Pricing - Section 894/ Introduction to Contract Pricing Exam CLC058 (answered)
Last document update:
ago
True or False: Certified cost or pricing data must be factual data, and

must not include judgmental information. [Recognize the importance of

documenting contract negotiations]

True

Fals

e

2) When pricing a fixed price contract using the cost principles and

procedures at FAR Part 31, the final price accepted by the parties reflects

agreement only on the total price, and not on the individual cost elements.

[Identify the applicability of the cost principles and procedures to various type...
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