Expenditures and Recognition Points Quiz
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Expenditures and Recognition Points Quiz

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@ImprovingClematis

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Questions and Answers

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?

  • One quarter
  • Two thirds
  • One half
  • One third (correct)

    • 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?

    <p>South Sudan</p> Signup and view all the answers

    Based on the text, what is a characteristic of cost plus contracts?

    <p>Uncertain revenue and certain costs</p> Signup and view all the answers

    What is the main focus of infrastructure projects according to the text?

    <p>Physical asset construction</p> Signup and view all the answers

    How is the total expense of UNOPS impacted by construction contracts?

    <p>Increases total expense</p> Signup and view all the answers

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