Explain the Difference Between an Implicit Type Cast and an Explicit

question 25

Essay

Explain the difference between an implicit type cast and an explicit type cast.

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Definitions:

Bidding Process

The procedure by which a contractor is selected to work on a project, usually involving submission of proposals and selection based on criteria such as price and capability.

Reconciliation

The process of ensuring that two sets of records or accounts are in agreement, often used in accounting to match transactions and balances.

Interest Charges

The costs incurred for borrowing money, calculated as a percentage of the total amount borrowed.

Management Reserves

Budgetary allocations set aside for unforeseen changes in the scope and cost of a project.