The term _____________is used to denote a procedure of costing or valuing an item of work on the basis of actual labourers and materials required.
A)prime cost
B)hour-work
C)day-work
D)sub-work

Question

Quizplus · Accepted Answer

The term "day-work" is used to denote a procedure of costing or valuing an item of work based on the actual laborers and materials required. This method typically involves paying for labor by the day and accounting for materials as they are used, rather than using a fixed price or bid.

The Term _____________Is Used to Denote a Procedure of Costing