IIA Exam IIA-CGAP Topic 5 Question 9 Discussion

Actual exam question for IIA's IIA-CGAP exam

Question #: 9
Topic #: 5

_________ is a contract that provides for payment of allowable incurred costs to the extent prescribed in the contract. Where as ___________ a cost-reimbursement contract in which the contractor receives no fee and is reimbursed only for an agreed-upon portion of its allowable costs:

ACost sharing, Cost-plus-incentive-fee

BCost-plus-fixed-fee is, Cost-plus-incentive-fee

CCost-reimbursement, Cost sharing

DCost-plus-incentive-fee, Cost sharing

Show Suggested Answer

Suggested Answer: C

by Arminda at May 07, 2022, 05:33 AM

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