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Question 622 - CAPM discussion

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In which type of contract are the performance targets established at the onset and the final contract price determined after completion of all work based on the sellers performance?

A.
Firm-Fixed-Price (FFP)
Answers
A.
Firm-Fixed-Price (FFP)
B.
Fixed Price with Economic Price Adjustments (FP-EPA)
Answers
B.
Fixed Price with Economic Price Adjustments (FP-EPA)
C.
Fixed-Price-Incentive-Fee (FPIF)
Answers
C.
Fixed-Price-Incentive-Fee (FPIF)
D.
Cost Plus Fixed Fee (CPFF)
Answers
D.
Cost Plus Fixed Fee (CPFF)
Suggested answer: C
asked 23/09/2024
Yuriy Georgiev
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