Question 143: Which of the following is true about contract administration in co

Question

Question 143: Which of the following is true about contract administration in companies? (a) (b) (c) (d) (e) Contract management may be responsible for cradle to grave contracting Contract organization may be responsible for only administration of contracts Contract managers may be assigned to program management Contract management responsibilities may vary from company to company All of the above Question 151: When the Disputes clause is not included in a contract, the contractor is denied appeal to the: (a) Contracting officer (b) Boards of Contract Appeals (c) U.S. Court of Federal Claims (d) None of the above Question 156: Under cost, redeterminable, and incentive contracts, subcontracts of various types and amounts must be approved by the: (a) Contracting officer (b) Prime contractor Question 164: When a contract is terminated, the Government will reimburse the prime contracton for his settlements with fixed-price subcontracts on the basis of the: (a) Termination clause included in the subcontract (b) Amount paid the subcontractor (c) Termination clause included in the prime contract (d) None of the above uestion 166: The plant clearance period begins: (a) (b) (c) ) On the date of termination or completion When the contractor submits acceptable inventory schedules 24 hours after the contractor receives the notice of termination When the contractor's personnel office receives notice of the termination (d

Explanation / Answer

Q 143 All of the above is correct option. ( option E is correct )

Sorry , as per chegg guidelines we are only supposed to do one question, kindly post separately.

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