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Question 466 - CAPM discussion

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A purchase order for a specified item to be delivered by a specified date for a specified price is the simplest form of what type of contract?

A.
Cost-reimbursable
Answers
A.
Cost-reimbursable
B.
Time and material
Answers
B.
Time and material
C.
Fixed price or lump-sum
Answers
C.
Fixed price or lump-sum
D.
Cost-plus-fixed-fee
Answers
D.
Cost-plus-fixed-fee
Suggested answer: C
asked 23/09/2024
Cristian Lazo
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