2388Civil EngineeringMedium
Pick up the correct statement from the following?
AAll the above
BThe actual expenditure involved to complete a work including incidental, establishment and travelling charges, is called actual cost
CThe estimated value of the work excluding the amount for contingencies, work charged establishment, tool and plants, is called work value
DThe formal acceptance by the administrative department for incurring an expenditure on the work, is called administrative approval
Correct answer
A. All the above
Explanation
The correct answer is All the above.