Project risks that are within company control such as poor forecasting are referred to as?
a. Cost risks
b. Technology risks
c. Operational risks
d. External risks
c. Operational risks
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Rapid Enterprises applies manufacturing overhead to its cost objects on the basis of 75% of direct material cost. If Job 17X had $72,000 of manufacturing overhead applied to it during May, the direct materials assigned to Job 17X was:
A. $126,000. B. $72,000. C. $54,000. D. $96,000.
Departmental reports are useful in determining managerial performances
Indicate whether the statement is true or false
The professor's suitcase has room for 50 boxes of souvenirs. How many boxes does he expect to have left once his friends have bought what they want?
A) 0 B) 1 C) 2 D) 3
The following information is available for Montrose Company at December 31: Cash in bank account$8,540Petty cash$250Money market fund balance$10,400Checks from customers$1,350NSF checks from customers returned by bank$805Treasury bill maturing in 60 days$10,000Money orders$290A nine-month certificate of deposit maturing on June 30 of next year$6,000Based on this information, the amounts considered Cash and Cash Equivalents, respectively on December 31 are:
A. Cash $19,190; Cash equivalents $16,000 B. Cash $10,430; Cash equivalents $20,400 C. Cash $8,540; Cash equivalents $22,290 D. Cash $11,235; Cash equivalents $26,400 E. Cash $8,790; Cash equivalents $26,400