To Plan a Project, All Activities in the Project and the Resources

question 77

Multiple Choice

To plan a project, all activities in the project and the resources needed to do them must be ________.

• A)satisfied
• B)on hand
• C)identified
• D)trained
• E)break even

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Definitions:

Nominal Interest Rate

The interest rate before adjustments for inflation or other factors that affect the real value of money.

Annual Rate

The interest rate for a whole year, as opposed to a shorter period, such as monthly or quarterly.

Compounded Annually

The calculation of interest on the original principal and the accumulated interest of prior periods, applied once per year.

Quarterly Payments

Payments made four times a year at three-month intervals, often used in loan repayments.