When a Project Is Shut Down,the Project Team Must Ensure

question 35

Multiple Choice

When a project is shut down,the project team must ensure that all relevant stakeholders are clearly aware of the project shut down,including the date by which all activities will cease.This is an:

• A)Intellectual and internal issue.
• B)Emotional issue of the project team.
• C)Emotional issue of the clients.
• D)Intellectual and external issue.

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Definitions:

Bonds Payable

Bonds payable refers to the amount a company owes to bondholders and must repay at maturity date, often including regular interest payments.

Accounts Receivable

Outstanding payments from customers to a firm for goods or services that have already been received or utilized but have not yet been settled.

Income Taxes Payable

A liability on a company's balance sheet representing the amount of taxes owed to governmental authorities that have not yet been paid.

Net Income

The total profit of a company after subtracting all expenses, including taxes, from its total revenues.