Which of the following is are) characteristics of a fixed-price contract?
A) Low risk for the customer
B) The work must be clearly specific and well-defined
C) The supplier bills the customer for all costs involved in completing the work
D) The work should be open-ended to allow for adaptation to changing customer requirements
E) A and B only
F) None of the above

Question

Which of the following is are) characteristics of a fixed-price contract? 
A) Low risk for the customer
B) The work must be clearly specific and well-defined
C) The supplier bills the customer for all costs involved in completing the work
D) The work should be open-ended to allow for adaptation to changing customer requirements
E) A and B only
F) None of the above

Quizplus · Accepted Answer

The Answer is E

Which of the Following Is Are) Characteristics of a Fixed-Price