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Questions and Answers
What is the key characteristic of construction contracts in which UNOPS was a principal?
What is the key characteristic of construction contracts in which UNOPS was a principal?
- They have certain revenue but uncertain costs
- They are fixed price contracts
- They have uncertain revenue but certain costs
- They are cost plus contracts (correct)
In 2012, what portion of UNOPS' total expense was accounted for by construction contracts in which UNOPS was a principal?
In 2012, what portion of UNOPS' total expense was accounted for by construction contracts in which UNOPS was a principal?
- One quarter
- Two thirds
- One half
- One third (correct)
What type of revenue arises in fixed price contracts?
What type of revenue arises in fixed price contracts?
- Uncertain revenue and uncertain costs
- Certain revenue and certain costs
- Uncertain revenue and certain costs
- Certain revenue and uncertain costs (correct)
Which country had the highest project value for UNOPS construction projects in 2012 according to the text?
Which country had the highest project value for UNOPS construction projects in 2012 according to the text?
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Based on the text, what is a characteristic of cost plus contracts?
Based on the text, what is a characteristic of cost plus contracts?
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What is the main focus of infrastructure projects according to the text?
What is the main focus of infrastructure projects according to the text?
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How is the total expense of UNOPS impacted by construction contracts?
How is the total expense of UNOPS impacted by construction contracts?
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