In a Cost-Based Contract, the Stated Price Does Not Change

question 91

True/False

In a cost-based contract, the stated price does not change, regardless of fluctuations in the general overall economic conditions.

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Definitions:

Cloud-Based

Describing applications, services, or resources made available to users on demand via the internet from a cloud computing provider's servers.

Web Browser

A software application used to access information on the World Wide Web, displaying HTML files and enabling navigation.

Installed Software

Computer programs that are downloaded and installed on a computer's hard drive, as opposed to being used in a web browser.

Cash Sales

Transactions where payment is made in cash at the time of purchase.