Question 89: Pricing, sales and cost information that may need to be submitted but not certified is called: (a) Cost or pricing data (b) Price comparison data (c) Other than cost or pricing data (d) Cost realism data (e) Supporting data Question

90: Price analysis does not have to be done on: (a) Contracts under $600,000 (b) Micropurchases (c) Simplified acquisition (d) Competitive proposals (e) None of the above

Question 91: Estimating formulas that have both dependent and independent variables are called: (a) Estametric formulas (b) Parametric formulas (c) Price index formulas (d) Price curve formulas (e) None of the above

Question 92: In using independent estimates, which of the following factors may have a significant effect but also be the hardest to determine? (a) Timing of estimate (b) Quantities used for the estimate (c) Estimating optimism (d) Source of the estimate (e) None of the above

Question 93: Cost realism analysis can be performed on: (a) Cost-reimbursement contracts (b) Incentive contracts (c) Award fee contracts (d) Fixed-price contracts (e) All of the above 601-17

Question 94: Price or cost objectives for negotiation should always be selected based on: (a) Low price (b) Percent reduction (c) Estimates (d) Dollar amounts (e) All of the above

Question 95: A contractor cannot normally be determined non-responsible based: (a) On lack of necessary facilities (b) Solely on lack of relevant performance history (c) On compliance with delivery schedule (d) On financial resources (e) On business ethics

Question 96: The statement of work (SOW) is also known as: (a) Work scope (b) Technical requirement (c) System description (d) All of the above (e) None of the above

Question 97: The performance-based statement of work: (a) Does not include positive and/or negative performance incentives (b) Should include application of only selected aspects of the total PBSC methodology (c) Must define work in completion terms (d) None of the above

Question 98: Failure to describe adequately __________ in the RFP could result in the submission of proposals that vary in responsiveness from totally nonresponsive to the partially responsive. (a) The scope of work to be done (b) The critical evaluation criteria (c) The areas to be heavily weighed (d) All of the above

Question 99: Which of the following is not a sign the RFP may need more streamlining? (a) An Executive Summary that is a cut and paste job using extracts from the statement of work (b) An evaluation process in Section M that is too complex (c) Cost performance reporting not tailored to fit the acquisition (d) Extensive uses of government furnished material and government furnished equipment (e) None of the above 601-18

Question 100: __________ statement of work is the preferred method of stating needs. (a) Design/detail (b) Level-of-effort (c) Performance-based (d) None of the above