10 free NASCLA practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
NASCLA Practice Test 9Tutor mode
Question 1 of 10
Procurement and Contracting Requirements
A contractor's income statement shows contract revenue of $4,000,000, gross profit of $400,000 and general and administrative (overhead) expenses of $460,000. Which conclusion is best supported?