1.0 Chapter Introduction. When used in this chapter, the terms contract type. and type of contract refer to the contract compensation. arrangement. The contract compensation arrangement is the. method of determining the dollars due to the contractor. under the contract.
A budget (derived from old French word bougette, purse) is a quantified financial plan for a forthcoming accounting period.he budget of a government is a summary or plan of the intended revenues and expenditures of that government. There are three types of government budget: the operating or current budget, the capital or investment budget, and the cash or cash flow budget.
Strategy is a high level plan to achieve one or more goals under conditions of uncertainty. In the sense of the art of the general, which included several subsets of skills including tactics, siegecraft, logistics etc., the term came into use in the 6th century C.E. in East Roman terminology, and was translated into Western vernacular languages only in the 18th century. From then until the 20th century, the word strategy came to denote a comprehensive way to try to pursue political ends,