QUESTION 2 rue /False Questions 6x0.5-3 POINTS Target cost or estimated cost is a level of cost that the co most likely obtain under normal performance co Conduct Procurement is the process of g a seller, and awarding a contract. obtaining seller responses, selectin The Point of Total Assumption (PTA) is the cost at which the contrac assumes total responsibility for each additional dollar of contract cost. 4- ) Outsourcing permits multiple simultancous projects by providing acc 5soW can include specifications, quantity desired, quality levels, to quantities of resources. performance data, period of performance, work location, and other requirements. 6-) Control Procurements involves monitoring payments to the seller