Multiple Choice
If the money needed to pay for a project is transferred to the project too far in advance:
A) the process of reconciliation becomes easier.
B) there will be a delay in the start of the project or the activity.
C) the organization will lose the opportunity to use the money somewhere else.
D) the organization will end up paying lesser interest charges if the money is borrowed.
E) the organization will have access to funds as and when they are needed.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: The term _ refers to the budgeted
Q15: The process of matching funds provided with
Q16: Unlike management reserves, contingency reserves are not
Q17: _ is the money held to pay
Q18: Measures such as percentage of activities completed
Q20: The detailed cost estimates for each activity
Q21: The schedule variance is the difference between
Q22: If a project consists of activities that
Q23: _ is the budget for the entire
Q24: At the end of three months, the