Question

is the person for whom the contract job is undertaken
a) Contract
(b) Contractee
c) Sub-contractor
(d) Job worker​

Answer 1

Answer:

B) Contractee

Explanation:

Answer 2

The person is Contractee.

• A contract among parties involved is known as contract costing.
• The parties are the contractor, who is the one who does the work, and the contractee, who is the one who compensates for it.
• Specific project orders are conducted for a longer time period, which could take years to complete.
• The invoicing for the same is done when each milestone in the contract is completed.