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UNO [17]
3 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]3 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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irina [24]
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3 0
3 years ago
The distinction between a normal and an inferior good is A. when income​ increases, demand for a normal good increases while dem
alexdok [17]

Answer:

The correct answer is option A.

Explanation:

Normal goods have positive income elasticity, so when there is an increase in the income of the consumer, the quantity demanded of the normal goods will increase.

On the other hand, the inferior goods have a negative income elasticity. So when the income of the consumer increases the demand for inferior goods decline. This is because as income increases, the consumers will prefer normal goods.

8 0
3 years ago
On January 1 of the current year, the Barton Corporation issued 12% bonds with a face value of $88,000. The bonds are sold for $
gogolik [260]

Answer:

b.$11,088

Explanation:

The computation of the interest expense is shown below

= Cash interest + discount amortized

= ($88,000 × 12%) + ($88,000 - $85,360) ÷ 5 years

= $10,560 + $528

= $11,088

Hence, the interest expense is $11,088

Therefore the correct option is b.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

6 0
3 years ago
Tariff effects: An overview
Darya [45]

Answer:

The answer is "Option E, Option B, and Option C".

Explanation:

There are two Alagir and Ertil nations, and both iGadgets are created by the nations. Its price throughout the world was lower than in the world, and the manufacturers in Ertil will be more likely to ask their government for just a tariff on iGadgets to protect them against the international competition so because the cost in the nation is higher and consumers are starting to import goods from the country.

6 0
3 years ago
When a bond sells at a premium, interest expense will be:
inessss [21]
Less than the bond interest payment
8 0
2 years ago
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