Which describes information other than cost or pricing data?

• A. Pricing data, cost data, and judgmental information that is not required to be certified and is necessary to determine price reasonableness or cost realism
• B. Only certified cost data
• C. Technical specifications
• D. Market impact statements

Answer: (A)

The idea being tested is that, in negotiated acquisitions, not everything used to evaluate price has to be certified cost or pricing data. There exists a broader category called data other than certified cost or pricing data, which can be used to determine price reasonableness or cost realism and does not require certification. This includes pricing data, cost data, and judgmental information, as long as they are not certified and are relevant to the price evaluation. So the best description is that kind of information—non-certified data that supports price reasonableness or cost realism.

The other options miss this broader concept. Focusing only on certified cost data ignores the allowable non-certified information used in analysis. Limiting to technical specifications or to market impact statements doesn’t capture the full set of data that can be used for price evaluation unless paired with other non-certified information.