In , the customer usually requires that throughout the project, the contractor regularly compares actual expenditures with the proposed budget and reforecasts cost at-completion, comparing it with the original proposed price.

The correct answer is letter "C": cost-reimbursement contracts.

Explanation:

Cost-reimbursement contracts are those in which the contractor is provided an amount of money to cover all the expenditures allowed to perform a ob and is also provided an additional sum that represents the contractor's profit. At the end of the job, the contractor is requested to support the expenditures with bills to compare the original budget with the expenditures incurred.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"