NEW!!! CLC 056| CLC 056 Defense Acquisition University CLC (7 sets for the final exams) Complete questions and answers Here is your test result.The dots represent the choices you have made. The highlighted questions are the questions you have mis

NEW!!! CLC 056| CLC 056 Defense Acquisition University CLC (7 sets for the final exams) Complete questions and answers Here is your test result.The dots represent the choices you have made. The highlighted questions are the questions you have missed. Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. 1) Which of the following types of costs might be found both as direct costs and indirect costs, depending on the circumstance? [ Recognize concerns that affect the other direct costs proposed ] Travel Direct Material G&A Overhead Utilities 2) Which of these statements below is correct regarding the criteria for classifying a special test equipment cost as an "other direct cost”? [ Determine if the other direct costs are properly proposed ] Engineered, designed, fabricated, or modified to meet specific contract needs and cannot be used for other contracts 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 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 3) Which of the following is an indirect cost pool? [ Identify indirect cost pools and bases ] General and Administrative Expenses Direct material Assembly labor Manufacturing labor 4) What two costs elements are required to calculate an indirect cost rate? [ Identify the process of calculating indirect cost rates] Expense pool and Allocation base Overhead rate and Expense base Allocation Pool and Expense base Allocation base and Overhead rate 5) Which of the following is a phase in the allocation cycle? [ Identify the cost allocation cycle ] Final Allocation Phase Interim Processing Phase Adjustment on Rates Phase Continuous Rate Application Phase 6) How is simple linear regression used? [Identify what regression analysis is] [ Remediation Accessed : N ] To make predictions about one dependent variable based on one independent variable To make predictions about one dependent variable based on more than one independent variable To calculate an estimate that demonstrates the most likely average value based on the data supplied To ensure contractor’s estimates properly capture the reduction of labor costs associated with repetitive production tasks 7) Which regression method assumes a linear relationship between the dependent and independent variables? [ Identify the different regression analysis methods ] Simple linear regression Local regression Segmented regression Curvilinear regression 8) Identify the situation where you would use simple linear regression. [ Identify contract pricing situations where simple regression analysis should be considered] Indirect cost rate analysis