7 Questions
What is the key characteristic of construction contracts in which UNOPS was a principal?
They are cost plus contracts
In 2012, what portion of UNOPS' total expense was accounted for by construction contracts in which UNOPS was a principal?
One third
What type of revenue arises in fixed price contracts?
Certain revenue and uncertain costs
Which country had the highest project value for UNOPS construction projects in 2012 according to the text?
South Sudan
Based on the text, what is a characteristic of cost plus contracts?
Uncertain revenue and certain costs
What is the main focus of infrastructure projects according to the text?
Physical asset construction
How is the total expense of UNOPS impacted by construction contracts?
Increases total expense
Test your knowledge on expenditures, including capital and operating expenditures, recognition points, expenses, and cash outlays. Learn about different types of expenditures and when expenses are recognized.
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