In a T&M contract, the seller is reimbursed for all previously defined costs and additional material costs of the ________ to complete the product.
A) buyer
B) seller
C) project team
D) project manager

Question

Quizplus · Accepted Answer

In a T&M (Time and Material) contract, the seller is reimbursed for all costs incurred, including material costs, to complete the product. Therefore, the correct choice is the seller.

In a T&M Contract, the Seller Is Reimbursed for All