A Disadvantage of Contingency Funds Is

question 96

Multiple Choice

A disadvantage of contingency funds is:

• A)a recognition that the future contains both knowns and unknowns and the problems that might arise will impact the budget.
• B)it is difficult to ascertain across what project activities contingency funds should be applied.
• C)that application to the contingency fund gives an early warning signal of a potential overdrawn budget.
• D)that provision is made in the company plans for an increase in project cost.

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Definitions:

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A property of visual perception described by categories like hue, saturation, and brightness, used in various contexts for design and display.

Fill Color

A feature in graphic and document software that allows a user to apply color to a selected object or area's background.

Select

To highlight or choose items from a list, document, or file for further action.

Gridlines

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