Please select the correct multiple choice answer.

Question 188: Question 189: Question 190: Question 191: Question 192: Question 193: Question 194: Question 195: Question 196: Question 197: Question 198: Question 199: Question 200: Oral notice of an amendment to an RFP may be used when time is of the essence. (T or F) As the contractor's work force gains experience with the item, spoilage costs should increase. (T or F) For government property that is damaged while in the possession of the contractor, the extent of contractor's liability will be either any loss, damage, or destruction; or only loss, damage or destruction due to lack of good faith or willful misconduct on the part of managerial personnel. (T or F) For complex programs, the contract may require an earned value management system. (T or F) An option clause gives the Government/buyer a unilateral right to purchase additional supplies or services. (T or F) The Excusable Delays clause is required in cost type prime contracts. (T or F) The Contract Disputes Act limited the jurisdiction of the Boards of Contract Appeals. (T or F) Under xed price contracts, after inspection has been made and the delivered items are accepted, the contractor is paid. (T or F) The formulation of the statement of work is the rst and most important step in the contractual process. (T or F) Continual defaults may make the contractor ineligible to receive further government contracts. (T or F) Subcontractors are not required to use standard inventory forms if substantially equivalent information is otherwise obtained. (T or F) Supplies that are late in delivery cannot be accepted under a Government contract. (T or F) Contract management has been standardized in industry. (T or F)