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CPPB Exam Prep Questions And Answers
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CPPB Exam Prep Questions And Answers Cost Plus Percentage of Cost Contracts - ANS An agreement on a construction project in which the contractor is provided a specified percentage profit over and above the actual costs of construction. These contracts are considered poor business practice because the contractor has little incentive to hold down costs. The type of costing method is prohibited in Federal purchasing. Procurement - ANS Includes purchasing, contract administration, inventory, receiving and disposal. Integrity - ANS The value of one's words and actions.
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Institution
Liberty University
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CPPB
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Liberty University
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CPPB
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