Multiple choice

Directions: Choose the correct option for the given question:

In contract costing payment of cash to the contractor is made on the basis of _____ work.

  1. finished

  2. incompleted

  3. certified

  4. uncertified

  5. none of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In contract costing, progress payments are made by the contractee to the contractor based on the value of work that has been verified and certified by an architect or engineer.