Which of the following is FALSE about fixed-price contracts?

a. The contract subjects the supplier to a large degree of financial risk in the event of cost escalations.
b. The contract includes a fair and reasonable incentive that requires the contractor to assume an appropriate share of the risk.
c. The administrative burden of signing the contract is very high.
d. The contract subjects the buyer to financial loss if the market price drops.


c. The administrative burden of signing the contract is very high.

Business

You might also like to view...

Using social media sites such as Instagram and Facebook to create and maintain interpersonal relationships reflects which type of communication?

a. mediated b. masspersonal c. mass d. interpersonal

Business

Which of the following statements refer to the objective criteria when evaluating secondary data?

A) Data should be reliable and generalizable to the problem at hand. B) Syndicated firms periodically update census data. C) The objective will determine the relevance of the data. Reconfigure the data to increase their usefulness, if possible. D) Assess accuracy by comparing data from different sources.

Business

The Credit column of the Income Statement section of the work sheet for a merchandising business will likely contain more than just revenue account balances

Indicate whether the statement is true or false

Business

Which of the following is NOTlikely to help a presenter control stage fright?

a. Arrive early at the presentation site. b. Practice thepresentation until it's memorized. c. Use stress reduction exercises before the presentation. d. Rememberthat the presentation message is important tothe audience.

Business