Which is not a characteristic of a Forward Pricing Rate? A. Binding to both parties and will
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Question:
Which is not a characteristic of a Forward Pricing Rate?
A. Binding to both parties and will be used in the proposal process.
B. Rates used for recovery of indirect costs during the contractor's fiscal year.
c. An output of the corporate planning process and dependent upon information contained in the Annual Operating Plan.
d. Mutually agreed upon rates, prior to the start of the contractor's fiscal year.
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