Pick up the correct statement from the following:

Pick up the correct statement from the following:
Credit: Nkcoderz

Pick up the correct statement from the following:

a. The estimated value of the work excluding the amount for contingencies, work charged establishment, tool, and plants are called work value.

b. The actual expenditure involved to complete work including the incidental, establishment, and traveling charges, is called actual cost.

c. The formal acceptance by the administrative department for incurring expenditure on the work is called administrative approval.

d. All the above

Answer: – All of the above

Option d is correct.


If You Like This Page Then Make Sure To Follow Us on Facebook, G News and Subscribe Our YouTube Channel. We will provide you updates daily.
Shares
facebook sharing button Share
twitter sharing button Tweet
whatsapp sharing button Share
telegram sharing button Share
pinterest sharing button Pin

Leave a Comment