WBS Stands for Which of the Following Project Management Tools

question 60

Multiple Choice

WBS stands for which of the following project management tools?

• A) Work Break Schedule
• B) Work Breakdown Status
• C) Work Breakdown Schedule
• D) Work Breakdown Structure
• E) Week Breakdown Schedule

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Definitions:

Cost of Goods Sold

Cost of Goods Sold (COGS) is an accounting term representing the direct expenses related to the production of items sold by a company, including materials and labor.

Current Assets

Assets that are expected to be converted into cash, sold or consumed within one year or within the business's operating cycle, whichever is longer.

Fixed Asset Turnover Ratio

A financial metric that measures a company's ability to generate net sales from its fixed assets, such as plant, property, and equipment, indicating efficiency in using these assets to generate revenue.

Marketing Efforts

Initiatives undertaken by a company to promote and sell its products or services to its target market.