FAR - Certified Cost or Pricing Data Specialist Practice Test
FAR FAR Contract Negotiations & Price Reasonableness
What is the primary purpose of a price reasonableness determination under FAR 15.404?
Select your answer
A
To verify contractor financial stability
B
To ensure the government does not pay more than a fair and reasonable price
C
To establish contractor profit margins
D
To determine contractor cost accounting practices
Hint
