When a Project Has Been Completed,inspected,and Accepted,retained Percentages of Contract

question 61

True/False

When a project has been completed,inspected,and accepted,retained percentages of contract billings may be paid.

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Definitions:

Y-intercept

The point where a graph crosses the y-axis, represented by the coordinates (0,y).

Estimate

The determination of an approximation of a result which is not necessarily exact, but within acceptable bounds of accuracy.

X-intercept

The point at which a line crosses the x-axis on a graph, indicating where the value of the function is zero.

Y-intercept

The point where a graph intersects the y-axis, representing the value of the dependent variable when all independent variables are zero.