Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 12th question what is the purpose of contingency

12th question What is the purpose of contingency costs in a detailed estimate? a....

90.2K

Verified Solution

Question

Finance

image

12th question

What is the purpose of contingency costs in a detailed estimate? a. To provide a general idea of what a project might cost b. To serve as a reference point or benchmark against which actual project costs can be compared c. To manage the financial resources of a project d. To account for unforeseen costs or potential changes to the project scope

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A) What is the pH of a solution with a fluoride concentration of 0.272 M? The...

Chemistry
Q

Assume that the spinner cannot land on a line Determine the odds against the spinner...

Basic Math
Q

have a tangent line that is nearly horizontal v of must have a tangent line...

Calculus
Q

Find the length of the curve with parametric equations z 2t y 3t where t...

Calculus
Q

Select the true statement.Select an answer and submit. For keyboard navigation, use the up/down arrow...

Algebra
Q

Thalassines Kataskeves, S.A, of Greece makes marine equipment. The company has...

Accounting
Q

You are presented with the budgeted data shown in Sydney Ltd company for ...

Accounting
Q

Please be fast solve as early as possible Specific events that upon completion...

Accounting
Q

The following information was obtained from the Green Company records: .On April 7, Green Company...

Accounting
Q

During July, the following purchases and sales were made by Concord Company. There was no...

Accounting
Q

PLEASE ANSWER ALL PARTS. THANK YOU! Identifying and Analyzing Financial Statement Effects...

Accounting
Q

What would you pay for a bond that pays an annual coupon of $35, has...

Finance