FREE Trial

In which type of contract arrangement is the contractor least likely to want to control costs? A. Cost plus percentage

Question:

In which type of contract arrangement is the contractor least likely to want to control costs?
A. Cost plus percentage of cost
B. Firm-fixed price
C. Time and materials
D. Purchase order

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 100% (2 reviews)

A Cost …View the full answer


answer-question
Answered By
tutor-profile-image
MICHAEL KICHE
I was employed studypool for the first time in tutoring. I did well since most of my students and clients got the necessary information and knowledge requested for. I always submitted the answers in time and followed the correct formatting in answering eg MLA or APA format, Again I worked with the writers bay where I did writing and got many clients whom we worked with so closely. They enjoyed every single service I delivered to them. My answers are always correct.
4.70+ 13+ Reviews 50+ Question Solved
Related Book For  answer-question
Project Management A Systems Approach To Planning Scheduling And Controlling

Project Management A Systems Approach To Planning Scheduling And Controlling

ISBN: 9781119805373

13th Edition

Authors: Harold Kerzner

See More Books
Question Details
Chapter # 19- Contract Management
Section: Multiple Choice
Problem: 4
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: September 27, 2023 08:02:22
See More Questions

Students also viewed these Business questions

Q:
In which type of contract arrangement is the contractor most likely to want to control costs? A. Cost plus percentage of cost B. Firm-fixed price C. Time and materials D. Fixed-price-incentive-fee
A:
B F......
Q:
In which type of contract arrangement is the contractor at the most risk of absorbing all cost overruns? A. Cost plus percentage of cost B. Firm-fixed price C. Time and materials D....
A:
B F......
Q:
In which type of contract arrangement is the customer at the most risk of absorbing excessive cost overruns? A. Cost plus percentage of cost B. Firm-fixed price C. Time and materials D....
A:
A Cost......
Q:
What types of companies tend to use the percentage of sales method? Why?
A:
Retailers who need to control the level of expenditure to main......
Q:
The adjusted trial balance for Burlington Advertising Services is presented below: Requirements 1. Prepare the income statement for the year ending December 31, 2016. 2. Prepare the statement of...
A:
Requirement 1 BURLINGTON ADVERTISING SERVICES Income Statement Year Ended December 31 2016 Revenues......
Q:
Alex is a guest in the Bethlehem Lodge, a small family-owned hotel in the Adirondacks. The summer season is so busy that the Glenmont family, the owners of the hotel, can no longer keep up with all...
A:
1 If you re representing Becky s Cleaning Service a Whether Becky has breached her duty and caused Alex s injury depends on the specifics of the contr......
Q:
A company is bidding on a contract that requires long-lead procurement activities. Unfortunately, the buyer needs quite a bit of time to have the final contract ready for signatures. This will create...
A:
Letter contracts or letters of intent can be......
Q:
How do companies handle competitive bidding activities when the statement of work in the proposal is vague?
A:
In this case all assumpt......
Q:
A wheel is rotating at a rate of 2.0 revolutions every 3.0 s. Through what angle, in radians, does the wheel rotate in 1.0 s?
A:
Use the defini......
Q:
Books(ISBN, Name, Price, NumberOfCopies) -Identify a primary key generate and execute a python SQL DDL command to Create table. -Make your own data and insert 10 rows in the table created using...
A:
To perform the tasks you ve outlined you can use Python with the SQLite library to interact with a d......
Q:
TruBlue Company bought a machine for $310,000. Three years later when the accumulated depreciation is $190,000, TruBlue determines that the machine is impaired. It estimates that future cash flows...
A:
To estimate the impairment loss for the machine you ll need to compare its carrying amount book valu......
Q:
What is Parallel Merge Sort and how it differs from regular merge sort what is the recurrence relation of parallel merge sort proof the running time of parallel merge sort.
A:
1 Merge sort is a sorting algorithm that works by recursively dividing the input array into smaller......
Q:
Problem 1. One of the mechanisms of atom and radical recombination, called the energy transfer mechanism, is described by the following chemical steps: 2R-R R2R R +X-R + X. where R represents a...
A:
Click to View...
Q:
Martin is a 42-year-old male. He presented to his physician with complaints of mild memory loss. During his visit, Martin mentioned that he exercises at least 4 days a week and maintains a strict...
A:
It seems that Martin s physician has diagnosed him with a vitamin B12 deficiency based on his elevated serum methylmalonic acid MMA levels despite his serum vitamin B12 levels falling within the refer......
Q:
Look again at Prob. 1617. (a) Show how the optimal diameter d is related to the outside diameter D. (b) What is the optimal inner diameter? (c) What does the tabulation show about maxima? (d) Common...
A:
a b CDd Cd Differentiating with respect to d and equating to zero gives dT dd T fpad D d N 8 T......
Problems And Solutions In Real Analysis Volume 4 1st Edition - ISBN: 9812779493 - Free Book