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Discussion :: Estimating and Costing

  1. Pick up the correct statement from the following:

  2. A.

    The incidental expenses of a miscellaneous character which could not be predicted during preparation of the estimate, is called contingencies

    B.

    Additional supervising staff engaged at work site, is called work charged establishment

    C.

    Detailed specifications specify qualities, quantities and the proportions of materials to be used for a particular item

    D.

    The cost per unit at which the article can be procured, from the open market at a given time, is called 'market rate'

    E.

    All the above.

    View Answer

    Workspace

    Answer : Option E

    Explanation :

    No answer description available for this question.


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