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Question 693 - CAPM discussion
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).
B.
Cost Plus Fixed Fee Contract (CPFF).
C.
Fixed Price Incentive Fee Contract (FPIF).
D.
Time and Material Contract (T&M).
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