Because contracts are legally binding, there is more accountability for delivering the work as stated in the contract.

Select one: True False

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A recent trend in outsourcing is the decreasing size of contracts.

Select one: True False

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Cost Reimbursable contracts involve;

Select one: a. D) Require the buyer to pay the seller predetermined amount by unit of service b. Involve payment to seller for the direct and indirect c. C) Hybrid of both fixed price and reimbursable contracts d. A) Involves a fixed total price for a well -defined product or

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Which of the following is not one of the closing /delivering stage of the project life Cycle?

Select one: a. D) Release recourse

E) Evaluation b. Transfer documents c. A) Train customers/clients d. D) Release recourse C) Changes =====================================

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