Which of the Following Types of Contracts Pays the Contractor

question 52

Multiple Choice

Which of the following types of contracts pays the contractor allowable performance costs along with a predetermined percentage based on actual total costs?

• A)cost-plus incentive fee contract
• B)guaranteed maximum-shared savings contract
• C)cost-plus fixed fee contract
• D)cost-plus percentage fee contract

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Definitions:

Family

A social unit consisting of parents and their children, considered as a group, whether dwelling together or not; the traditional nucleus of society.

Ethical Principles

Guidelines and standards used to determine what is right and wrong in a moral sense, often applied in professional contexts.

Treatment Group

A group of individuals receiving specific interventions or therapy together, typically to address common issues or conditions.

Task Groups

Groups formed with the specific aim of accomplishing a defined task or project.