When Costs Are Uncertain,the Type of Procurement Contract That Will

question 41

Multiple Choice

When costs are uncertain,the type of procurement contract that will cover the uncertain costs plus an agreed-upon rate of return is _____.

• A)fixed fee
• B)cost plus fixed fee
• C)cost plus percentage fee
• D)cost plus incentive fee

---

Definitions:

Adjustment Difficulties

Challenges experienced in adapting to new situations, environments, or changes, potentially causing stress or discomfort.

Emotional Balance

The ability to manage and express one's emotions in a healthy and productive manner, maintaining a state of mental stability.

Academic Achievement

The extent of a student's success in completing educational benchmarks or obtaining high performance in their studies.

Growth Mindset

The belief that one's abilities and intelligence can be developed through dedication, hard work, and perseverance.