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Short Description for understanding of these terms

1. Difference between price and cost analysis.
2. Three sources of cost data
3. What is the basics of FFP, FFPEA, FPR. CPIF. CPFF., CPAF contacts.
4. Circumstances requiring negotiaton instead of competitive bidding.
5. What are the four phases of face to face negotiation
6. Perceived impropriety
7. What are the functions of inventories
8. What is a ABC, activity base costing analysis.
9. What is the JIT, just in time impact on purchasing and supply chain.

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Approx 900 words and 9 references