menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Applied Cost Accounting
  4. Exam
    Exam 3: Contract Pricing and Costing Methods
  5. Question
    Provision for Increase in the Contract Price to Accommodate Increase
Solved

Provision for Increase in the Contract Price to Accommodate Increase

Question 15

Question 15

Multiple Choice

Provision for increase in the contract price to accommodate increase in material and labour cost


A) De escalation clause
B) fluctuating price
C) Fixed price
D) Escalation price

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: A portion of the contact entrusted to

Q11: The method of job costing is applied<br>A)Biscuit

Q12: For each job a …………………. Is given

Q13: Un avoidable loss inherent in the material<br>A)Normal

Q14: The method of costing applied in lathe

Q16: Job costing is ………………………….<br>A)Method of costing<br>B)technique of

Q17: The number of units to be manufactured

Q18: Job costing can also be called as

Q19: The method of costing applied when articles

Q20: ………….. product are produced incidental to the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines