sarb wrote:
gmatsaga wrote:
sarb wrote:
The price the government pays for standard weapons purchased from military contractors is determined by a pricing method called 'historical costing'. Historical costing allows contractors to protect their profits by adding a percentage increase, based on the current rate of inflation, to the previous year's contractual price.
Which of the following statements. if true, is the best basis for a criticism of historical costing as an economically sound pricing method for military contracts?
Which of the following statements. if true, is the best basis for a criticism of historical costing as an economically sound pricing method for military contracts?
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