Cost-Plus Contracts Negotiated with Suppliers of the Government Usually Involves

question 99

Multiple Choice

Cost-plus contracts negotiated with suppliers of the government usually involves ________.

• A) a price that allows the contractor to break-even
• B) a price that covers the contract's cost plus other noncash benefits
• C) the supplier's cost to perform the contact (provide the product or service) plus a fee
• D) a price that covers the contractor's direct costs plus an amount to cover overhead costs

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Definitions:

Social-cultural

Refers to how societal and cultural factors, such as traditions, norms, and values, influence individual behavior and thinking.

Psychotherapy

Treatment involving psychological techniques; consists of interactions between a trained therapist and someone seeking to overcome psychological difficulties or achieve personal growth.

Psychiatrist

A medical doctor specialized in the diagnosis, treatment, and prevention of mental illnesses and disorders.

Social Psychologist

A specialist in understanding how individual behavior and thought are influenced by social environments and interactions.