Tools to Assist in Contract Closure Include ____________________,Negotiated Settlements,and a Records

question 24

Short Answer

Tools to assist in contract closure include ____________________,negotiated settlements,and a records management system.

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Definitions:

Revenues

The total income generated by a company from its business activities, typically from the sale of goods and services before any expenses are deducted.

Total Variable Cost

The total variable cost is the sum of all variable expenses that change in proportion to the volume of output or production.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes.

Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.