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it says in COST PLUS CONTRACTS ,” the contract costs attributable to the contract, WHETHER OR NOT REIMBURSABLE, can be clearly identified and measured reliably….”
why REIMBURSABLE? like this a contract … so whose gonna reimburse..? how the contract works in this situation?can u give a practical example of COST PLUS CONTRACTS??
I’m back again to asking you to contact the publisher!
A cost plus contract is one where the costs are added / accumulated as the contract progresses and are invoiced to the customer on a regular basis calculated as “Costs to date + agreed profits calculated based on those costs”
i know f7 paper doesnt ask examples..but if we know how something through some procedures…. it starts making sense and concept…
okay il contact publisher… 🙂
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