Discussion :: Estimating and Costing
- 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, is called work value |
B.
The actual expenditure involved to complete a work including incidental, establishment and travelling charges, is called actual cost |
C.
The formal acceptance by the administrative department for incurring an expenditure on the work, is called administrative approval |
D.
All the above |
Answer : Option D
Explanation :
Explanation Not Provided
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