Question
ABC company has a cost plus contract with the Government. The US Government will pay ABC a 10% profit above its proven actual costs. Anyone
ABC company has a cost plus contract with the Government. The US Government will pay ABC a 10% profit above its proven actual costs. Anyone who reports fraud in performance of US Government contract will get 20% of the amount the Government gets back from the contractor who frauded by padding costs. John at ABC tells the US Government that ABC showed the Government padded costs of 1,000,000 on a project when its actual costs were only 900,000. If the Government recoups this illegal profit, then John will receive___________ as reward.
A-22,000
B-11,000
C-100,000
D-20,000
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