Activity D of a Project Has a Budgeted Cost of $45,000

question 79

Multiple Choice

Activity D of a project has a budgeted cost of $45,000 and is 20% complete.What is the value of work completed?

• A)450
• B)4500
• C)900
• D)9000

Identify strategies for setting and prioritizing goals based on personal and professional missions.

Develop strategies for balancing commitments across different areas of life, including family, school, and work.

Utilize a variety of tools and technologies for effective time management and organization.

Demonstrate knowledge of how to delegate tasks and set boundaries to maximize time management.

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Definitions:

Beneficiary

An individual or entity designated to receive benefits from an insurance policy, retirement plan, will, or trust after the policyholder's or owner's death.

Nondeductible Contributions

Payments made to certain accounts or plans, such as a traditional IRA, for which the taxpayer cannot take a tax deduction.

Adjusted Basis

The value of an asset for tax purposes, adjusted for factors like depreciation or improvements.

Traditional IRA

A Traditional Individual Retirement Account (IRA) is a type of retirement savings account that allows pre-tax contributions, with the investments growing tax-deferred until withdrawals begin at retirement.