With Bid Pricing, It Is Best for the Bidder to Use

question 233

True/False

With bid pricing, it is best for the bidder to use the same overhead and profit rates on all jobs since that will make it easy to estimate costs and eventually will increase profits.

---

Definitions:

Enzymatic Digestion

The breakdown of food by enzymes into molecules small enough for the body to absorb.

Saliva

A watery secretion in the mouths of animals, produced by the salivary glands, which aids in digestion and oral hygiene.

Propulsive Movements

Bodily movements that drive or push something forward, typically referring to the contractions in the digestive tract moving food along.

Peristalsis

Rhythmic waves of muscular contraction and relaxation in the walls of hollow tubular organs, such as the ureter or parts of the digestive tract, that serve to move the contents through the tube.