Multiple Choice Questions on The consideration fixed between the Contractor and the Contractee in case of Contract accounting is ........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

The consideration fixed between the Contractor and the Contractee in case of Contract accounting is ...........

Costing - Phase (I & II) Methods of Costing
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    The consideration fixed between the Contractor and the Contractee in case of Contract accounting is known as:

    Work certified

    Incorrect Answer

    Work uncertified

    Incorrect Answer

    Contract price

    Correct Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Contract price is the consideration fixed between the contractor and the contractee. It includes cost of the contract and profit element of the contractor

    By: Vikas Goyal
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