Question: 11. You are being tasked by your organization to create a statement of work that will be utilized in the procurement process. The legal department

11. You are being tasked by your organization to create a statement of work that will be utilized in the procurement process. The legal department explains to you that they want to make sure that all terms and conditions are negotiated and agreed to up front. Then, when scope needs to be changed, there is more flexibility in the process. To what type of agreement is the legal department referring?

A. Fixed-price contract B. Cost-reimbursable contract C. Time and materials contract D. Master service level agreement

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