Accountancy, asked by ziaur39, 4 months ago

12. Escalation Clause is associated with
costing​

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Answered by Anonymous
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Because of increasing prices, it has become common to insert anescalation clause in the contracts. ... the clause authorizes the contractor to claim higher value for the contract. This clause is used both when a settled price is quoted for the contract as also when a cost-plus contract is entered into.

Answered by Anonymous
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here's your answer mate

I hope it will help you

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