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:

Income Statement

A financial statement that shows a company’s revenues and expenses over a specific period, ending with net income or loss.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments are made, used to verify the balance of debits and credits.

Net Income

The total profit of a company after all revenues and gains are added to the account and all expenses and losses are subtracted.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, revealing profit or loss.