Match Each of the Following Project Management Phases with the Activities

question 86

Multiple Choice

Match each of the following project management phases with the activities associated with it.(Answers may occur more than once.)
-Does not show time overlap,but shows what activities could be done in parallel.

• A)project initiation
• B)project planning
• C)project execution
• D)project closedown

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Definitions:

Goodwill

An intangible asset that represents the excess of the purchase price over the fair market value of an acquired company's net assets, attributed to factors like reputation or customer loyalty.

Impairment

A decrease in the recoverable value of an asset below its carrying amount, leading to a write-down and charge against earnings.

Consolidating

The process of combining financial statements from multiple departments or subsidiaries within a company to create a single set of financial statements.

Equity Method

A procedure for accounting for ownership interests, where the investment's carrying amount is adjusted for the investor's proportionate share of the associate company's profits or losses over time.