Which of the following types of contracts pays the contractor allowable performance costs along with a predetermined percentage based on actual total costs?
A) cost-plus incentive fee contract
B) guaranteed maximum-shared savings contract
C) cost-plus fixed fee contract
D) cost-plus percentage fee contract
D
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Which of the following is the least expensive source of credit information?
A) Dun & Bradstreet B) Standard & Poor's C) Moody's D) Bond ratings
Agee enters into a contract with Pipkin Video to add their programs to Agee's network. Pipkin will pay Agee an upfront fee of $250,000 fixed fee for 12 months of access, and will also pay a $100,000 bonus if Agee's users access Pipkin Video for at least 10,000 hours during the 12 month period. Agee estimates that it has a 55% chance of earning the $100,000 bonus
Refer to Agee Corporation. Using the expected-value approach the transaction price would be What will be an ideal response?