114 The cost of corrective action taken by the purchaser and chargeable to the supplier under the terms of the contract is:A. Payment authorizationB. Bid cost considerationsC. Release paymentD. Back chargeE. None of the above

114 The cost of corrective action taken by the purchaser and chargeable to the supplier under the terms of the contract is:

A. Payment authorization

B. Bid cost considerations

C. Release payment

D. Back charge

E. None of the above


相关考题:

Project trade-offs vary betweenA . risk, cost and schedule.B . direct cost, indirect cost, and resource availabilityC . quality, schedule and timeD . cost, quality and scheduleE . contract terms, scope and budget

The estimated cost to complete (ETC) is _____.A.BCWP/ACWPB.the forecasted and final cost - cost to dateC.(ACWP-BCWP)/BCWP *D.Total estimate - ACWPE.None of the above.

Under the terms of 2/10 net 30, the buyer may:A . deduct 10% of the invoice amount for payment within 30 daysB . deduct 2% of the invoice for payment within 10 daysC . incurs a penalty on 10% for payments more than 30 days lateD . settle the invoice with 2 equal payments; one within 10 days and the other within 30 daysE . None of the above

Which of the following is referred to as payback period:A . the number of periods required to recover the initial investmentB . the rate of return on the investmentC . the number of periods required to bring project cost back to the original budget, based on current performanceD . loan payment scheduleE . None of the above

The difference between the BCWS and the BCWP is referred to as the:A . Schedule varianceB . Cost variance.C . Estimate of completionD . Actual cost of the work performedE . None of the above

_____ is a method of procurement where a contract results from a bid which may be changed through bargaining.A AcquisitionB Contract negotiationC ProcurementD Purchase negotiationE None of the above.

The cost of corrective action taken by the purchaser and chargeable to the supplier under the terms of the contract is:A Payment authorizationB Bid cost considerationsC Release paymentD Back chargeE None of the above.

Cost Reimbursable contracts are equivalent to:A Cost plus contractsB Fixed plus contractsC Progress payment contractsD Back charge contractsE None of the above.

By which process may an unsuccessful supplier seek remedy for unjust awards?A Contract disputeB Stop work orderC Bid protestD Coffective actionE None of the above.

In which of the following contract types is it easier to change the scope of the contract:A firm fixed priceB fixed price plus incentive feeC cost plus percentage of costD letter contractE None of the above.

Back charges refers to:A transferring charges from sub-contractors to the ownerB adjusting payments to reflect late invoices consequenceC the cost of corrective action taken by the owner and charged to the contractor for non-conformanceD gaining restitution from the owner for non paymentE C and D only

Which of the following types of contracts is equivalent to a cost plus contract:A Fixed firm priceB Cost reimbursableC Fixed price plus incentive feeD progress paymentsE All of the above.

125 Which of the following types of contracts is equivalent to a cost plus contract:A. Fixed firm priceB. Cost reimbursableC. Fixed price plus incentive feeD. progress paymentsE. All of the above

9 Back charges refers to:A. transferring charges from sub-contractors to the ownerB. adjusting payments to reflect late invoices consequenceC. the cost of corrective action taken by the owner and charged to the contractor for non-conformance D. gaining restitution from the owner for non paymentE. C and D only

33 In which of the following contract types is it easier to change the scope of the contract:A. firm fixed priceB. fixed price plus incentive feeC. cost plus percentage of costD. letter contractE. None of the above

75 By which process may an unsuccessful supplier seek remedy for unjust awards?A. Contract disputeB. Stop work orderC. Bid protestD. Coffective actionE. None of the above

106 Cost Reimbursable contracts are equivalent to:A. Cost plus contractsB. Fixed plus contractsC. Progress payment contractsD. Back charge contractsE. None of the above

131 _____ is a method of procurement where a contract results from a bid which may be changed through bargaining.A. AcquisitionB. Contract negotiationC. ProcurementD. Purchase negotiationE. None of the above

153 Which is not a consideration in a make or buy decision?A. Cost factors (least cost alternatives)B. Competitors' method of sourcingC. Existence of sufficient administration/technical personnelD. Political and social factorsE. None of the above

18 The difference between the BCWS and the BCWP is referred to as the:A. Schedule varianceB Cost variance.C. Estimate of completionD. Actual cost of the work performedE. None of the above

72 Which of the following is referred to as payback period:A. the number of periods required to recover the initial investmentB. the rate of return on the investmentC. the number of periods required to bring project cost back to the original budget, based on current performanceD. loan payment scheduleE. None of the above

79 Under the terms of 2/10 net 30, the buyer may:A. deduct 10% of the invoice amount for payment within 30 daysB. deduct 2% of the invoice for payment within 10 daysC. incurs a penalty on 10% for payments more than 30 days lateD. settle the invoice with 2 equal payments; one within 10 days and the other within 30 daysE. None of the above

100 The difference between the BCWS and the BCWP is referred to as the:A. Schedule varianceB. Cost variance.C. Estimate of completionD. Actual cost of the work performedE. None of the above

115 In which of the following contract types is it easier to change the scope of the contract:A. firm fixed priceB. fixed price plus incentive feeC. cost plus percentage of costD. letter contractE. None of the above.

196 The cost of corrective action taken by the purchaser and chargeable to the supplier under the terms of the contract is:A. Payment authorizationB. Bid cost considerationsC. Release paymentD. Back chargeE. None of the above

44 The estimated cost to complete (ETC) is _____.A. BCWP/ACWPB. the forecasted and final cost - cost to dateC. (ACWP-BCWP)/BCWP * 100D. Total estimate - ACWPE. None of the above

72 Project trade-offs vary betweenA. risk, cost and schedule.B. direct cost, indirect cost, and resource availabilityC. quality, schedule and timeD. cost, quality and scheduleE. contract terms, scope and budget