Home » Classroom » SS3 Accounting Contract Account - Terminologies Used Question

What are variations - SS3 Accounting Contract Account - Terminologies Used Question

What are variations?

A

Payments made to the contractor during the course of the project based on the completion of specific milestones

B

Changes made to the contract or scope of work that affect the agreed-upon price and timeline

C

A document issued by the client authorizing the contractor to provide goods or services

D

A percentage of the contract value withheld by the client as security for the contractor's performance

correct option: b
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses