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Commerce · Q780

Costing

Graduate and Post Graduate · Commerce · question 780

Q780

Total Cost (+) contracts are generaelly applicable in cases where

A.
Cost can be estimated easily
B.
The contractor wants to earn a certain amount of profit
Answer
C.
It is not possible to calculate the net profit in advance
D.
None of the above

Answer: Option B

Solution

Answer: Option B
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