A contract in which the price is fixed in advance is a ………….. contract
A) Sub contract
B) fixed price contract
C) Cost plus contract
D) Fixed cost with Escalation clause
Correct Answer:
Verified
Q3: The person who gives the work on
Q4: ……….. is the portion of work certified
Q5: The work in the process of completion
Q6: …………….. is the provision to increase the
Q7: Estimated profit on incomplete contract can also
Q9: A portion of the contact entrusted to
Q10: A method of costing applied where costs
Q11: The method of costing applied when articles
Q12: The number of units to be manufactured
Q13: The method of job costing is applied
A)Biscuit
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