1. Using price indices may be used to:
a. Inflate or deflate prices or cost comparison
b. Adjust contract price or cost for inflation or deflation
c. Estimate project price or cost over the period of contract performance
d. All of the answers are correct
2. Which type of contract has an estimated cost, base fee, and award fee
a. CPFF
b. CPAF
c. CPIF
d. FFP
3. Competition affect price comparability
a. True
b. False
4. What is an exception to Full and Open Competition?
a. Only one responsibile source
b. All of the answers are correct
c. Foreign Military Sales or National Security
d. Urgency