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3 Cards in this Set
- Front
- Back
Accountants usually define _______ as a resource sacrificed to achieve a specific objective.
A. Money B. Liability C. Trade D. Cost |
D. Cost |
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What is the main goal of project cost management.
A. To complete a project for as little cost as possible. B. To complete a project within an approved budget C. To provide truthful and accurate cost information on projects. D. To ensure that an organization's money is used wisely. |
B. To complete a project within an approved budget. |
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Which of the following is not an output of the project cost management process called estimating costs, according to the PMBOK Guide?
A. Activity cost estimate B. A cost baseline C. Basis of estimates D. Project documents updates |
B. A cost baseline |