The Most Recent Addition to the Four Criteria of Project

question 28

Multiple Choice

The most recent addition to the four criteria of project success is:

• A)time.
• B)cost.
• C)performance.
• D)client acceptance.

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Definitions:

Activity-Based Costing

A method of allocating overhead and indirect costs to products or services based on the activities that drive those costs.

Cost Of Serving

The total expenses incurred while delivering a service or product to a customer.

Direct Labor Cost

The expense related to the wages of workers directly involved in the production of goods or services.

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities and resources that go into producing them, aiming for more accurate cost allocation.