Which of the Following Is Not a Cost Type Arrangement

question 29

Multiple Choice

Which of the following is not a cost type arrangement?

• A) Cost reimbursement
• B) Cost plus hidden charges
• C) Cost plus fixed fee
• D) Cost plus award fee
• E) Cost without fee

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Definitions:

Duties

Obligations or tasks that are conducted as part of one's job or position in an organization, or responsibilities imposed by law or culture.

Performance Standards

The established expectations, benchmarks, or criteria for measuring the quality and effectiveness of work output or performance.

Peter Drucker

Peter Drucker was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.

Developmental Opportunities

Programs or initiatives that allow employees to gain new skills, knowledge, and experiences that can enhance their career trajectory.