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Which of the Following Best Explains 'Reimbursable Time and Materials

Question 42

Multiple Choice

Which of the following best explains 'reimbursable time and materials contracts'? 


A)  Contractor receives a fixed sum per annum. 
B)  Contractor receives a fixed sum per month. 
C)  Contractor receives a variable sum based on work completed. 
D)  Contractor receives a fixed sum per unit of work completed.

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