A GMP includes a $75,000 contractor contingency. Approved contingency uses total $28,500. What contingency balance remains?
Correct Answer
C) $46,500
Remaining contingency is $75,000 - $28,500 = $46,500. Other choices subtract an unsupported amount, leave the full contingency, or add used contingency to the original amount.
Why This Is the Correct Answer
Remaining contingency is $75,000 - $28,500 = $46,500. Other choices subtract an unsupported amount, leave the full contingency, or add used contingency to the original amount.
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