Contract carrier means person providing transportation

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TRUE OR FALSE

1. Per FAR 46.102, Government contract quality assurance is conducted before acceptance (except as otherwise provided in this part), by or under the direction of Government personnel.

2. Contract closeout is defined as “the process of settling all outstanding contractual issues to ensure that each party has met all of its obligations and documenting the contract file accordingly.”

3. In Crystal Ball, probability distributions for input random variables can be specified using either the CB built-in functions, or using Crystal Ball’s Define Forecast menu

4. Replicating a model about 100 times is adequate for the simulation results to be valid and useful.

5. As defined in FAR Part 47 Transportation, “contract carrier” means a person providing transportation for compensation under continuing agreements with one person or a limited number of persons.

Reference no: EM132196253

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