From the buyers perspective the is the least

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21. From the buyer’s perspective, the _____ is the least desirable among all contracts because the supplier has no incentive to decrease costs. a. CPIF c. CPAF b. CPFF d. CPPC With a cost plus percentage of costs (CPPC) contract, the buyer pays the supplier for allowable performance costs along with a predetermined percentage based on total costs. From the buyer’s perspective, this is the least desirable type of contract because the supplier has no incentive to decrease costs.
22. A(n) _____ contract carries the least risk for suppliers.
23. The _____ is a description of the work required for a procurement.
24. A(n) _____ is a document used to solicit proposals from prospective suppliers.
25. A document used to solicit quotes or bids from prospective suppliers is known as a(n) _____. a. RFQ c. WBS b. RFP d. SOW A Request for Quote (RFQ) is a document used to solicit quotes or bids from prospective suppliers.
26. After planning for procurement management, which of the following does the next process involve?
27. In project procurement management, which of the following is one of the main outputs of the conducting procurement process?

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