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.

Nkcoderz.com is a website that provides you with information related to technology, entertainment, how-to, gadgets, and gaming, etc. We try our best to explain you. If you have any suggestions then kindly contact.

Leave a Comment

Copy link
Powered by Social Snap