Defense Acquisition University CLC 056 / CLC 056 Exam 2
The offeror customarily treats similar costs as “other direct costs” under similar
... [Show More] circumstances The proposed cost benefits only the proposed contract work
The contractor’s accounting system segregates “other direct costs” from similar indirect costs All of these
Engineered, designed, fabricated, or modified to meet not only the requirements of the current contract but also the requirements of all other contracts
Developed and engineered by a subcontractor who is not currently working on another contract
An item (e.g., fixture, pattern, or gauge) that is necessary in aiding the development of a unique product
Engineered, designed, fabricated, or modified to meet specific contract needs and cannot be used for other contracts
Total price
Total G&A expense
1.) Which of the following must be true to properly classify a cost as an “other direct cost”?
2.) Which of these statements below is correct regarding the criteria for classifying a special test equipment cost as an "other direct cost”?
3.) What is the most common base for calculating [Identify indirect
the General and Administrative (G&A) overhead cost pools and
rate?
bases]
[Remediation Accessed: N]
Total management cost Total of all costs
Expense pool and Allocation base
Allocation base and Overhead rate
Overhead rate and Expense baseAllocation Pool and Expense base
Billing Phase
Forward Pricing Phase Beginning Payment Phase Final Allocation Phase
Comparing the proposed costs of a new computer database with the historical costs of all recent contracts in your office
Calculating the mean cost of one individual unit in a production run of 10,000 units
Estimating the cost of a new armored vehicle based on historical costs of similar procurements
Analyzing the accuracy of a should-cost analysis generated by a DCMA Industrial Engineer
4.) What two costs elements are required to calculate an indirect cost rate?
[Identify the process of [Remediation calculating indirect cost rates] Accessed: N]
5.) In which of the following phases does the contractor determine actual indirect cost rates?
6.) Which of the following situations would you most likely employ linear regression techniques?
7.) Which regression method would be used when there is more than one independent variable?
[Identify the different regression analysis methods]
[Remediation Accessed: N]
Multivariate regression Segmented regression Curvilinear regression Simple linear regression
8.) Identify the situation where you would use simple linear regression.
Indirect cost rate
analysis
Labor classification analysis
Facilities Capital Cost of Money calculation
Profit objective calculation
9.) Which variable is also considered the independent variable?
Y Z X R
10.) Which of the following situations would the use of improvement curve analysis likely be useful in evaluating proposed costs?
[Identify situations where
improvement curve analysis [Remediation would be appropriate] Accessed: N]
Fabrication of a single jet engine frame assembly
Assembly of two prototype aerial refueling airplanes
Assembly line repair of a turret assembly for an M1/A2 Abrams tank Fabrication of a new aircraft carrier
11.) What is the first step in conducting improvement curve analysis?
Determine the Theoretical value of unit #1 Collect the historical data
Calculate the slope of the curve
Calculate the rate of improvement
12.) Given the following improvement curve data, calculate the cost objective for unit #64.
• Labor hours for unit #32: 42,000 hours
• Labor hours for unit #1: 79,000 hours
• Rate of improvement: 20%
• Improvement curve slope: 80%
15,800 8,400 62,200 33,600
13.) Which of the following are factors used in calculating the Facilities Capital Cost of Money (FCCOM) amount?
Division-wide allocation base amounts
Percentage of land, building, and profit distributions Company-wide allocation base amounts
Proposal allocation base amounts
Profit/fee is calculated differently depending on DPAS rating of the contract
Profit/Fee is calculated once for the basic contract and must not be recalculated on subsequent modifications
Profit/fee objectives are a product of risk
Profit/fee objectives are reduced by the cost efficiency factor
By adding the assigned weights and assigned values of the technical and management/cost control elements
By multiplying the assigned values of the technical and management/cost control elements
By adding the assigned weight and assigned value of the technical and management/cost control elements and dividing the sum by 2
By multiplying the assigned weight by the assigned value of the technical and the management/cost control element, and adding the two together
15%
14.) Which of the following statements is true concerning profit/fee calculations?
[Identify the factors affecting profit/fee analysis]
[Remediation Accessed: N]
15.) When calculating profit/fee, how is the “performance risk (composite)” calculated?
[Calculate a profit/fee using the appropriate structured approach]
[Remediation Accessed: N]
16.) What would be the maximum fee you might negotiate for a cost plus fixed fee contract for advisory and assistance services contract?
1%
10%
6%
17.) Which of the following factors is critical to a successful negotiation?
The negotiation should be competitive
Avoid being too friendly, in case the negotiations get difficult Effectively prepare, plan, and communicate
Set your opening position extremely low to give room to negotiate
Win-Lose-Win Lose-Lose Win-Lose Win-Win [Show Less]