The following are short answer questions for study preparation. The questions are preparation for Federal Government Contracting at American Graduate University.

What type of contractor is most critically affected by the disallowance of costs?

What do direct material costs include?

Why are organization costs considered unallowable?

What are three primary abilities necessary for a person to be an effective negotiator?

What is the purpose of the fact finding session?

What limitations on the power of the United States Government to contract exist?

Under what circumstances have Appeals Boards effected "constructive changes" for extra work done by the contractor?

What limitations exist on the government's right to set-offs under the Assignment of Claims Act?

Which part of the FAR gives instructions for using provisions and clauses in solicitations and/or contracts for supplies and services?

When are performance specifications ordinarily used in manufacturing contracts?

On what grounds is the Government usually held liable where it has used design specifications in a contract and those specifications have been defective?

What are the duties of the project manager and the functional managers in the matrix type of project management?

In what two ways may a work breakdown structure be developed?

Under what circumstances may contract work be performed even though the fully executed contract has not been received?

What are the differences between the provisions of the Changes clause for fixed price type contracts and cost type contracts?

What two major questions should be considered in evaluating the effect of a change?

How are Statutes, Executive Orders or regulatory requirements applied to subcontracts?

What is the contractor's first step upon receipt of an advanced copy of the contract?

What is the difference between design and performance specifications?

What function does the DCAA perform with regard to GAO activities?

What is the contractor's only alternative if he/she feels that the contracting officer is relying too heavily on audit reports?

Why is it important that the GAO receive the cooperation of contractors in attempting to make its government audits?

Why does the Government closely monitor contract performance when the contractor is responsible for satisfactory performance of his/her contract?

What are the general factors to be considered in all estimates of cost?

Where should the quality control function be placed in an organization?

What four requirements must be met to exempt established catalog or market prices from cost analysis?

What three major categories do indirect costs generally fall into?

What are the four primary subdivisions of indirect costs of manufacturing?

List the categories of excuses for default?