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Veseljchak [2.6K]
3 years ago
13

You are a contracting officer responsible for source selection for a negotiated competitive services acquisition. The estimated

value of the acquisition is $1,650,000. What would be true about regarding the evaluation of the past performance?
Business
1 answer:
AfilCa [17]3 years ago
6 0

Question Completion with options:

a. Past performance information provided directly by the offeror should not be relied upon.

b. The past performance evaluation satisfies the responsibility determination required under FAR subpart 9.1.

c. Evaluations should take into account past performance information regarding predecessor companies.

d. Offerors with demonstrated past performance that is neither relevant nor recent must not be removed from further consideration for award.

Answer:

The statement that is true regarding the evaluation of the past performance is:

c. Evaluations should take into account past performance information regarding predecessor companies.

Explanation:

It has been established that past performance is the best indicator of future performance.  Past performance can predict future performance, behavior, and success.  Organizations that achieve some good performance in the past build the required confidence, which will help them to forge ahead in the present and future.  This is why in selecting companies for a negotiated competitive services acquisition, even the past performance of predecessor companies should be reviewed to get a better handle on the company's ability to deliver on the projects.

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Which report is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the a
White raven [17]

The report that is constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance  is called : Adjusted trial balance

<h3>What is an adjusted trial balance?</h3>

Adjusted trial balance is an account prepared that shows the arithmetic accuracy of the ledger. This balance list the general ledger account balances after any adjustments have been made.

An adjusted trial balance include:

  • Adjustment for prepaid and accrued expenses.
  • Depreciation

Therefore, an adjusted trial balance is a report, constructed immediately prior to preparing the financial statements with the purpose of demonstrating that the accounts balance.

Learn more about adjusted trial balance here: brainly.com/question/14274904

3 0
2 years ago
The following information ($ in millions) comes from a recent annual report of Amazon, Inc.:
tino4ka555 [31]

Answer:

(a) Amazon's balance in cash at the beginning of the year is $1,085 million

(b) Amazon's total liabilities at the end of the year is $3,914 million

(c) Cost of goods sold for the year is $8,264 million

(d)  Income before income tax for Amazon is $366 million

Explanation:

(a) Beginning cash balance = Ending cash balance - net increase in cash for the year

= $1,104 million - $19 million

= $1,085 million

(b) Total assets = Total liabilities + Total stockholders' equity

$4,417 million = Total liabilities + $503 million

Total liabilities = ($4,417 - $503) million

= $3,914 million

(c) Cost of goods sold = net sales - gross profit

= $10,722 million - $2,458  million

= $8,264 million

(d)  Income before income tax = Gross profit - operating expenses - other expenses

= $2,458 million - $2,062 million - $30 million

= $ 366 million

4 0
3 years ago
Staff ____________ offers one of the brightest hopes for internal change in state corrections, and staff development has become
Sav [38]

Answer:

The correct answer is "staff training"

Explanation:

Staff training is a program designed to improve the technical skills, knowledge, performance, efficiency, and value creation of the employees.

7 0
4 years ago
Name the 3 types of MPA programs offered at Mccombs:
VikaD [51]

Answer:

Traditional MPA

Integrated MPA

ECON-MPA

Explanation:

The details of the three types of MPA program are mentioned below:

<u>Traditional MPA</u>

This is a one year program (Minimum) and is available to those who hold bachelor's degree in any discipline. This program does not require any prior work experience.

<u> Integrated MPA</u>

Program designed for McCombs undergraduates. in this pathway students earn their Bachelors and Masters (MPA) in just five years, saving them both time and money.

<u>ECON-MPA</u>

This program is developed for current UT undergraduates in economics. This helps them earn a Bachelors degree in economics and MPA degree within their period of study.

7 0
3 years ago
Which of the following is an example of a qualitative materiality factor? The client installed a new security system to protect
ycow [4]

Answer:

A. The client installed a new security system to protect the building

Explanation:

The client is experiencing slow down in sales is an example of qualitative materiality factor as it can lead to misstatement. Sales turnover and payment, Percentage (%) of expenses to income and Percentage (%) of inventory to assets are all example of quantitative materiality factor. Whereas installation of new security system is not material which could lead to misstatement.

3 0
3 years ago
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