In which type of contract arrangement is the contractor least likely to want to control costs? A.
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
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
A Cost ...View the full answer
Answered By
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
53+ Question Solved
Related Book For
Project Management A Systems Approach To Planning Scheduling And Controlling
ISBN: 9781119805373
13th Edition
Authors: Harold Kerzner
Question Posted:
Students also viewed these Business questions
-
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
-
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....
-
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) Find the first order fraction transformation where z 1 =,z 2 =0, z 3 =1 is thought to be w 1 =1, w 2 =i, w 3 =-1 each. (b) Find the anchor points of w=(z-1)/(z+1)
-
Loretto Companys standard cost accounting system recorded this information from its December operations. Standard direct materials cost . . . . . . . . . . . . . . . . . . . . . . . . . $130,000...
-
Keith and Dena Diem have personal property coverage with a $250 limit on currency, a $1,000 limit on jewelry, and a $2,500 limit on gold, silver, and pewter. They do not have a personal property...
-
Show that the following eight vectors are pairwise orthogonal: \[\begin{aligned}& s 1=(1,1,0,0,0,0,0,0)^{T} \\& s 2=(0,0,1,1,0,0,0,0)^{T} \\& s 3=(0,0,0,0,1,1,0,0)^{T} \\& s 4=(0,0,,0,0,0,1,1)^{T}...
-
Filer manufacturing has 8.3 million shares of common stock outstanding. The current share price is $53 and the book value per share is $4. Filer manufacturing also has two bond issues outstanding....
-
Figure 1d) Image transcription text 10 4 x )8.500 THRU All grooves are 8.5mm wide J (14.5005 10.000 unless otherwise indicated. 17.000 17.000 TOP VIEW 17.000 All 8.5mm grooves are 11mm deep. SCALE 1...
-
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...
-
How do companies handle competitive bidding activities when the statement of work in the proposal is vague?
-
What was happening to U.S. labor productivity during each of the five periods since World War II identified in Exhibit 6, and why does it matter? Exhibit 6
-
Why is the decision analysis phase needed?
-
When could prototyping be used instead of system modeling for determining functional requirements?
-
You are browsing the Internet and find some units conversion software that may be useful in this course. You would like to download the software on your PC at school and use it in this course. What...
-
Indicate whether each of the following items is a directly attributable operating expense (D), an allocable operating expense (A), or a capital expenditure (C): Repairs that can be traced to...
-
How is the logical design phase different from the requirements analysis phase?
-
To supplement your planned retirement, you estimate that you need to accumulate $220,000 in 42 years. You plan to make equal annual end-of-year deposits into an account paying 8 % annual interest. a....
-
Suppose that the electrical potential at the point (x, y, z) is E(x, y, z) = x + y - 2z. What is the direction of the acceleration at the point (1,3,2)?
-
Can the organizational chart of a company be considered as a systems model? If so, what kind of systems model?
-
Do you think that someone could be a good systems manager but a poor project manager? What about the reverse situation? State any assumptions that you may have to make.
-
Can we consider R&D as a system? If so, under what circumstances?
-
Kello Inc. needs to calculate its current cost of equity, and the following information has been obtained: The current unlevered cost of equity is 9%. The current cost of debt is 5%. The income tax...
-
On January 2. 2023, QWE Company purchased 80% of the outstanding shares of ASD Company for a consideration of P19,000,000 including in the price paid is control premium in the amount of P500,000. The...
-
Naeha has attained two years of service with her employer, Fiasco, Inc. (FI). FI sponsors a top-heavy qualified profit-sharing plan and Naeha's vested account balance within the plan is $40,000. If...
Study smarter with the SolutionInn App