The Project Sponsor Is the Person or Group That Provides

question 5

True/False

The project sponsor is the person or group that provides financial resources,in cash or in kind,for the project.

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Definitions:

Eliminate

To completely remove or get rid of something.

Activity-Based Costing

A costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each, to more accurately measure the cost and profitability of products/services.

Relevant Cost

A cost that should be considered when making decisions.

Decision

The act or process of making choices or selecting options based on available information and analysis.