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GMAT Club

GMAT Question of the Day (February 21)

Jeff 0

Math

What is the maximum number of 4x4x4 cubes that can fit in a rectangular box measuring 10x12x16 ?

A. 12
B. 18
C. 20
D. 24
E. 30

 

Question Discussion & Explanation
Correct Answer - D - (click and drag your mouse to see the answer)

Math Revolution

Verbal

The price the government pays for standard weapons purchased from military contractors is determined by a pricing method called “historical costing.” Historical costing allows contractors to protect their profits by adding a percentage increase, based on the current rate of inflation, to the previous year’s contractual price.

Which of the following statements, if true, is the best basis for a criticism of historical costing as an economically sound pricing method for military contracts?

(A) The government might continue to pay for past inefficient use of funds.

(B) The rate of inflation has varied considerably over the past twenty years.

(C) The contractual price will be greatly affected by the cost of materials used for the products.

(D) Many taxpayers question the amount of money the government spends on military contracts.

(E) The pricing method based on historical costing might not encourage the development of innovative weapons.


Question Discussion & Explanation

Correct Answer - A - (click and drag your mouse to see the answer)

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