What Is the Primary Purpose of Creating a Work Breakdown

question 57

Multiple Choice

What is the primary purpose of creating a work breakdown structure?

• A) to draw the project plan as a chart or tree
• B) to make sure important tasks are identified
• C) so that all team members can see what others are working on
• D) to assign budget numbers to tasks
• E) to make sure team members can communicate effectively

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Definitions:

Coupon Bond

A type of bond that pays the holder periodic interest payments based on a fixed rate and returns the principal at maturity.

Face Value

The nominal value or dollar value printed on a bond, stock, or other financial instrument, not necessarily its current market value.

Bond Matures

The point in time when a bond's principal amount is payable to the bondholder, and the obligation of the issuing party ends.

Current Market Value

The present financial value of an asset or company based on its trading price in the market, subject to fluctuations.