- Unknown
Wrong Answers:
- Consistent with the terms of the contract
- Allocable
- Consistent with Cost Accounting Standards
- Reasonable
For a contract cost to be considered "allowable," it must meet certain criteria. If the cost does not exceed what a business person would be willing to pay in a competitive environment, which one of the following criteria is met?
Answer:
Subscribe to:
Post Comments (Atom)
This comment has been removed by the author.
ReplyDeleteThank you
DeleteAllocable - a cost can be incurred specificalty lor the contract, lor example, when a contractor buys engines as part a contract to build helicopters for the Army. (ACQ202 Lesson 3.1 slide/page 15
ReplyDeleteDo you have any more answers to ACQ 202
DeleteAllocable according to the test is the incorrect answer. I just used it and got it wrong.
ReplyDeleteThe answer is Reasonable.
ReplyDeleteReasonable is not the right answer
Delete•Consistent with Cost Accounting Standards
ReplyDeleteYou need to read the question. The answer to this question was Reasonable. But there is another question that starts the same way:
ReplyDeleteFor a contract cost to be considered "allowable," it must meet certain criteria. If the cost can be attributed to a specific contract, which one of the following criteria is met?
idk the answer to this one as I answered with consistent with Cost accounting Standards and it was wrong.
I just took the test...
ReplyDeleteFor a contract cost to be considered "allowable," it must meet certain criteria. If the cost does NOT exceed what a business person would be willing to pay in a competitive environment, which one of the following criteria is met?
Answer:Reasonable.
Confirmed
DeleteHow Lemeridian funding service grant me a loan!!!
ReplyDeleteHello everyone, I'm Lea Paige Matteo from Zurich Switzerland and want to use this medium to express gratitude to lemeridian funding service for fulfilling his promise by granting me a loan, I was stuck in a financial situation and needed to refinance and pay my bills as well as start up a Business. I tried seeking for loans from various loan firms both private and corporate organisations but never succeeded and most banks declined my credit request. But as God would have it, I was introduced by a friend named Lisa Rice to Le_meridian funding service and undergone the due process of obtaining a loan from the company, to my greatest surprise within 48hrs just like my friend Lisa, I was also granted a loan of $216,000.00 So my advise to everyone who desires a loan, "if you must contact any firm with reference to securing a loan online with low interest rate of 1.9% and better repayment plans/schedule, please contact Le_meridian funding service. Besides, he doesn't know that am doing this but due to the joy in me, I'm so happy and wish to let people know more about this great company whom truly give out loans, it is my prayer that GOD should bless them more as they put smiles on peoples faces. You can contact them via email on {lfdsloans@lemeridianfds.com Or lfdsloans@outlook.com} or Text through Whatsapp +1-989 394 3740.