Of the Various Project Delivery Methods Described in the Text

question 61

Multiple Choice

Of the various project delivery methods described in the text, the oldest method is

• A)design- bid- build (DBB)method.
• B)integrated project delivery (IPD)method.
• C)design- build method (DB)method.
• D)design- negotiate- build (DNB)method.
• E)construction manager at risk (CMAR)method.

---

Definitions:

Non-Operating Gains

Income from activities not related to a company's core operations such as profits from investments, property sales, or currency exchange.

Retirement of Notes Payable

The process of paying off or settling a debt obligation represented by promissory notes.

Cash Flows from Operating Activities

The section of a company's cash flow statement that represents the amount of money a company brings in from its regular business activities.

Depreciation

The accounting method of allocating the cost of a tangible asset over its useful life, representing the asset's wear and tear, deterioration, or obsolescence.