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Question 693 - CAPM discussion

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The contract in which the seller is reimbursed for all allowable costs for performing the contract work and then receives a fee based upon achieving certain performance objectives is called a:

A.
Cost Plus Incentive Fee Contract (CPIF).
Answers
A.
Cost Plus Incentive Fee Contract (CPIF).
B.
Cost Plus Fixed Fee Contract (CPFF).
Answers
B.
Cost Plus Fixed Fee Contract (CPFF).
C.
Fixed Price Incentive Fee Contract (FPIF).
Answers
C.
Fixed Price Incentive Fee Contract (FPIF).
D.
Time and Material Contract (T&M).
Answers
D.
Time and Material Contract (T&M).
Suggested answer: A
asked 23/09/2024
George Sanchez
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