Consultants Sometimes Come in to a Project with a Personal

question 9

Multiple Choice

Consultants sometimes come in to a project with a personal bias. Consultants should only be consulted after a basic programmatic strategy is outlined by the planning staff. Consultants can then be used for all of the following EXCEPT:

• A) offer suggestions based on their expertise.
• B) estimating numbers at risk.
• C) deciding on a methodology for the assessment.
• D) tabulating reasonable target and designing relevant interventions.

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Definitions:

Factory Overhead

All indirect costs associated with manufacturing, such as utilities, rent, and maintenance, excluding direct materials and direct labor.

Cost-Reimbursement Contract

A type of contract where the purchaser agrees to pay the supplier for all actual costs incurred plus a fee or profit.

Selling Price

The amount of money consumers pay to purchase a product or service, set by sellers based on costs, market demand, and competition.

Allocation System

A method of distributing resources, costs, or revenues among various departments, products, or activities based on predetermined criteria.