Multiple Choice
A _____ is when a consulting firm bills the client for developing an application based on the amount of time and cost of materials to complete the work.
A) Cost-Reimbursable contract
B) Time and Materials contract
C) Fixed Price/Lump Sum contract
D) Cost plus fixed fee contract
E) Cost-plus-incentive-fee contract
Correct Answer:
Verified
Correct Answer:
Verified
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