How may you request an audit Identify the process for requesting an audit and

How may you request an audit identify the process for

This preview shows page 3 - 4 out of 4 pages.

11) How may you request an audit? [Identify the process for requesting an audit and the key players involved with the process] 12) Select the item below that would likely be categorized as a Direct Material cost. [Identify the different types of material costs][Remediation Accessed :N] 13) Which three elements are necessary for calculating a confidence interval? [Identify the process for establishing a confidence interval] 14) Identify the first step in conducting stratified sampling. [Identify the process for using stratified sampling] Identify items for 100% analysis Randomly select a sample size equal to 20% of the total number of items Develop the decrement factor Group like items together Page 3 of 4 DAU 10/6/2017
Image of page 3
15) Which of the following would be a proper method of determining the reasonableness of a contractor’s proposed labor hour estimate? [Relate proposed labor hours to work requirements to determine reasonableness of direct labor costs] Compare proposed hours with a Government should-cost estimate Examine proposed hours on other contracts from the same contractor Decrement labor hours estimate according to DCAA standard decrement Use a stratified sampling techniques to evaluate contractor’s labor hour estimate Back to Status page Page 4 of 4 DAU 10/6/2017
Image of page 4

You've reached the end of your free preview.

Want to read all 4 pages?

  • Fall '17
  • DAU, CLC 056

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes