A Disadvantage of Contingency Funds Is

question 91

Multiple Choice

A disadvantage of contingency funds is:

• A)A recognition that the future contains both knowns and unknowns and the problems that might arise will impact the budget.
• B)It is difficult to ascertain across what project activities contingency funds should be applied.
• C)That application to the contingency fund gives an early warning signal of a potential overdrawn budget.
• D)That provision is made in the company plans for an increase in project cost.

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Definitions:

Cerebrum

The largest part of the brain, responsible for cognitive functions such as thought, memory, problem-solving, and decision making, as well as processing sensory and motor information.

Muscle Tone

The continuous, partial contraction of individual muscles and muscle groups.

Posture

The position in which someone holds their body when standing or sitting.

Cerebellum

The cerebellum is a major structure of the brain located beneath the cerebrum, responsible for coordinating voluntary movements, balance, and posture.