Organizations Use __________ in Conjunction with Work Breakdown Structures to Help

question 69

Multiple Choice

Organizations use __________ in conjunction with work breakdown structures to help management teams identify and eventually analyze risk.

• A) risk breakdown structures
• B) contingency breakdown structures
• C) scenario analysis
• D) organizational breakdown structure
• E) risk assessment

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Definitions:

Maker

A person who promises to pay a set sum to the holder of a promissory note or certificate of deposit.

Drawer

The party in a transaction that issues or writes a check or draft, instructing their bank to pay a specified sum to a certain beneficiary.

Notice Of Dishonor

A formal notification that a negotiable instrument, like a check, has been refused payment and is dishonored.

Collecting Bank

A bank that processes checks and other instruments for payment on behalf of the payee.