The Firm Set Aside a Little Extra Money Just in Case

question 81

Multiple Choice

The firm set aside a little extra money just in case an unforeseen element of cost pushed the project beyond what they had budgeted.This extra money is called:

• A)a rainy day fund.
• B)a contingency reserve.
• C)an escalation clause.
• D)a sinking fund.

---

Definitions:

Demand Characteristics

Cues in an experimental setting that influence participants' perceptions or behavior, potentially skewing results.

Perception of Quality

The subjective assessment of a product or service's overall excellence or desirability.

Taste Test

A method of evaluating a food item's flavor, texture, and aroma preferences among consumers.

Flavour

The distinctive taste and aroma of food or drink, stemming from its ingredients and preparation methods.