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Question 94: Price or cost objectives for negotiation should always be selected based on: vi-5-83 (a) (b) (c) (d) (e) Low price Percent reduction Estimates

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Question 94: Price or cost objectives for negotiation should always be selected based on: vi-5-83 (a) (b) (c) (d) (e) Low price Percent reduction Estimates Dollar amounts All of the above Question 95: A contractor cannot normally be determined non-responsible based: (a) (b) (c) (d) (e) On lack of necessary facilities Solely on lack of relevant performance history On compliance with delivery schedule On financial resources On business ethics Question 122: The requirement for submission of cost or pricing data by the prime contractor extends to: (a) Only the prime contractor's in-house work (b) The first tier subcontractors (c) All tiers of subcontractors (d) The first and second tier subcontractors Question 124: Cost or pricing data must be furnished if the price is based on: (a) Adequate price competition (b) Prices set by lavw (c) An established price of a commercial item (d) None of the above Question 130: Modified CAS coverage requires: A contractor to comply with Cost Accounting Standards 401, 402, 405 and 406 A contractor to comply with Cost Accounting Standards 401 through 408 A contractor to comply with Cost Accounting Standards 401 through 412 None of the above (a) (b) (c) (d) Question 137: The rating method is used to indicate the degree to which the offeror's proposal has met the standard for each factor evaluated. (a) Adjectival (b) Color coding (c) Numerical (d) Narrative (e) All of the above

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