A Practical Step for a Project Manager to Take When

question 16

Multiple Choice

A practical step for a project manager to take when trying to select a site for an international project is to __________.

• A) create a specialized risk matrix.
• B) fully understand the project budget.
• C) study the foreign exchange rates related to project opportunities.
• D) comprehend what impact the foreign country's agriculture will have.
• E) None of these alternatives is correct.

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Definitions:

Financing Rate

The interest rate charged by lenders for borrowing money or the cost of obtaining finance.

CCA Class

In the context of tax regulations, CCA Class (Capital Cost Allowance Class) pertains to categories defined by tax authorities for depreciating tangible property over its useful life for tax purposes.

Net Advantage to Leasing

The benefit that arises from leasing an asset rather than purchasing it, considering factors like tax advantages and cash flow.

Tax Rate

The rate at which a person or business is taxed by the state on their earnings or gains.