When the customer requests a change, the contractor or project team should go ahead with the work without customer approval of any budget or schedule changes

a. True
b. False
Indicate whether the statement is true or false


False

Business

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If 95 percent of an organization’s guests do not fill out comment cards, the organization can assume that these guests had what reaction to the service?

a. happy b. unhappy c. indifferent d. can’t assume anything

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When evaluations from team members are used only for feedback and development purposes, they tend to be:

a. inflated. b. inaccurate. c. more biased. d. honest.

Business

________ is a review of financial and business records to ascertain integrity and compliance with standards and laws, particularly by the U.S. Internal Revenue Service.

A. Scrutiny B. Assessment C. Due diligence D. Audit

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Sam wishes to invest $8,000 into an account earning 6% compounded annually. If he invests the money today, how much will be in the account in 6 years?

If he waits three years before investing his $8,000 and invests that money for three years, will he earn one-half of the interest earned in the first scenario since he had the same amount invested at the same rate but for only one-half of the time? Explain how you arrived at your answer. What will be an ideal response?

Business