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UNO [17]
4 years ago
14

Incentive Contracts (both Cost & Fixed Price Types) provide a method for adjusting the contractor's profit or fee, and estab

lishing the final contract price by using a formula based on the relationship of final negotiated total cost to total target cost. A. True B. False
Business
1 answer:
IRISSAK [1]4 years ago
6 0

Answer:

True

Explanation:

The statement is correct that Incentive Contracts (both Cost & Fixed Price Types) provide a method for adjusting the contractor's profit or fee, and establishing the final contract price by using a formula based on the relationship of final negotiated total cost to total target cost because in project management a contract is said to be incentive based when the owner has promised to make <u>additional compensation to the contract price if in the course of the contractor's execution, events trigger a higher compensation; </u>which could be as a result of cost, delay in time schedule, increased quality, and higher safety standards than those originally prescribed in the contract terms and conditions.

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A manufacturing cost that cannot be easily traced to a specific cost object is ___________a(n) cost
Vikki [24]

Answer:

The correct word for the blank space is: Indirect.

Explanation:

Indirect costs are those that affect the overall production process of one or two products and cannot be assigned directly to one product without using an assignment method. Examples of indirect costs are <em>administrative salaries, security expenses, facilities rent, telephone expenses, </em>and <em>utilities</em>.

6 0
3 years ago
What describes the law of diminishing marginal utility
borishaifa [10]

Answer:

The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.

4 0
2 years ago
Which of these does NOT describe a friction that might prevent firms from choosing the optimal level of capital? A. Making too b
tekilochka [14]

Answer:

<u> C. The firm likes its workers and doesn’t want to replace some jobs with machinery.</u>

Explanation:

Optimal level of capital simply refers to an ideal strategy used by a firm to raise capital. For example, a firm may decide between debt financing or equity financing, depending on the company's desired level of capital.

So, an already operational firm with that likes its workers and doesn’t want to replace some jobs with machinery has no direct relationship with its level of capital.

8 0
3 years ago
Between April 2011 and April 2016, the price of a U.S. postage stamp increased from $0.41 to $0.46. The price of a U.S. postage
koban [17]

Answer:

The price of a U.S. postage stamp has increased approximately <u>63%</u> in terms of Indian rupees and <u>10%</u> in terms of Chinese yuan.

Explanation:

the exchange rate between the US dollar and the Indian rupee:

April 2011 = 45.54 Indian rupees per  dollar x $0.41 = 18.67 Indian rupees

April 2016 = 66.16 Indian rupees per  dollar x $0.46 = 30.43 Indian rupees

change in Indian rupees = (30.43 - 18.67) / 18.67 = 63%

the exchange rate between the US dollar and the Chinese yuan:

April 2011 = 6.61 Chinese yuan per  dollar x $0.41 = 2.71 Chinese yuan

April 2016 = 6.48 Chinese yuan per  dollar x $0.46 = 2.98 Chinese yuan

change in Chinese yuan = (2.98 - 2.71) / 2.71 = 10%

8 0
3 years ago
The type of cover letter written to inquire about possible job openings: a. networking letter b. prospecting letter c. applicati
Kaylis [27]

The type of cover letter written to inquire about possible job openings is b. prospecting letter.

<h3>What is Prospecting letters ?</h3>

Prospecting letters serves as one that is been sent are to leads potential clients, or past clients so they can continuously grow a real estate business.

Therefore, prospecting letter is type of cover letter written to inquire about possible job openings.

Learn more about Prospecting letters at;

brainly.com/question/3602860

6 0
3 years ago
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