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Training in Federal Aquisition Regulation (FAR)
Costs Proposals | Indirect Rates Marketing
 *RGFCC Principal Wins Small Business Administration, Veteran Small Business Champion of the Year Award...More |
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Test Your Knowledge of Government Cost Proposals
Quiz Answers True or False
1. In order to calculate direct labor hourly wage rates from annual salary figures always divide the annual salary by 1880 hours:
2. To calculate your firms wrap rate, simply add-up all of your indirect rates and use the sum thereof as your rate: FALSE
3. The government will accept all cost elements in your cost proposal as long as you can prove that they are reasonable and are associated with the Statement of Work:
4. Under contracts awarded under the Service Contract Act (SCA), employees working on such contracts are not entitled to holiday pay, unless they work the day before and day after the holiday:
5. In structuring your indirect rate budget, all unallowable cost must be removed from individual cost pools and from the associated allocation base:
6. All government contracting firms must abide by the Cost Accounting Standards (CAS) set forth in the FAR: FALSE
7. Burdened Rates are generally used to bill the Government for services rendered:
Multiple Choice
1. Which of the following types of contracts are associated with IFB’S?
2. Which of the following type’s contracts are associated with IFQ’S?
3. The maximum profit that may be charged to a cost-plus-fixed-fee contract is:
4. When an RFP contains an SF 1449 as the cover form, it indicates what method of government procurement?
If you missed more than two questions, your proposal knowledge is seriously challenged and you should take steps to learn the basic terms and rules associated with the cost proposal process. Our classes will help you obtain this goal and be successful in obtaining contracts. If you missed more than two questions, your proposal knowledge is seriously challenged and you should take steps to learn the basic terms and rules associated with the cost proposal process. Our classes will help you obtain this goal and be successful in obtaining contracts. |
RGF Consulting Corporation Workshops | Materials & Other Info | Registration | Test Your Knowledge
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RGF Consulting Corporation is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: |
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