With a cost-reimbursement type of contract, the greatest risk is assumed by:
A) the purchasing company.
B) the vendor.
C) both the purchasing company and the vendor.
D) neither the purchasing company nor the vendor.
A
You might also like to view...
Which of the following is a disadvantage to mutual fund investing?
A) On average they underperform the market returns. B) Costs may be high and vary dramatically from fund to fund. C) Not all mutual funds are truly safe. D) You cannot diversify away systematic risk. E) All of the above
Under the modified accrual basis, revenues are considered available to finance current period expenditures if
a. legally available to finance current period expenditures. b. collected during the current period. c. collected in the current period or soon enough thereafter to be used to pay liabilities of the current period. d. both items a and b. e. Both items a and c