商业财务第 1197 / 1605 题
A written, signed change order is important because it:
a.Cancels the original contract
b.Reduces sales tax on the added materials
c.Eliminates the need for a building permit
d.Documents the agreed scope and price change, protecting the contractor's right to be paid
解析
A signed change order records the modified scope, price, and any schedule impact before extra work proceeds. It protects the contractor's right to collect for the additional work and prevents disputes over 'extras.'
免费刷完整 1605 道题库 — 无需注册。
同考点相关题目
- A contractor estimates a kitchen remodel: cabinets $8,000, countertops $3,500, labor $6,000, and permit $500. He adds a combined 22% for overhead and profit. What is the total price (nearest dollar)?
- A contractor's gross profit is $120,000 and overhead is $95,000. What is his net profit?
- A change order adds $3,200 of direct cost to a job. If the contractor applies his standard 30% markup, how much should the change order add to the contract price?
- A contractor's equipment cost $18,000 and after 3 years of straight-line depreciation (6-year life, no salvage) its book value is:
- A markup that covers BOTH overhead and profit is sometimes called:
- A contractor bills $75,000 on a job. The contract requires 10% retention and the owner also back-charges $1,500 for a utility relocation. How much will the contractor receive on this billing?