In Order to Prevent Poor Quality and Avoid Quality Problems

question 131

Multiple Choice

In order to prevent poor quality and avoid quality problems, there needs to be

• A) a work breakdown structure.
• B) a responsibility assignment matrix.
• C) an audit at the end of the project.
• D) a project quality plan.

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Definitions:

Chart of Accounts

An organized list of all the account titles and numbers used in the ledger of a company to classify transactions.

Transactions

Business activities or events that have a financial impact on the finances of a company, recorded in the accounting records.

T-Accounts

A graphic representation of financial transactions in the general ledger of a double-entry bookkeeping system where the left (debit) and right (credit) sides reflect different types of transactions.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that should match.