Which of the following is an element of cost-reimbursable contracts?
A) Wages and salaries of key managers and workers.
B) Contractor losses incurred.
C) Costs of contractor future investments.
D) Costs of unsuccessful bidders.

Question

Which of the following is an element of cost-reimbursable contracts? 
A) Wages and salaries of key managers and workers. 
B) Contractor losses incurred. 
C) Costs of contractor future investments. 
D) Costs of unsuccessful bidders.

Quizplus · Accepted Answer

Wages and salaries of key managers and workers are an element of cost-reimbursable contracts, as these costs are directly related to the work being performed and can be reimbursed to the contractor. Choice B (contractor losses incurred) and choice C (costs of contractor future investments) are not typically included in cost-reimbursable contracts, as the contract is supposed to reimburse the contractor for the actual costs incurred during the project. Choice D (costs of unsuccessful bidders) is not an element of any type of contract, as those costs are not related to the work being performed.

Which of the Following Is an Element of Cost-Reimbursable Contracts