Once All Payments Have Been Received and Made, the Project

question 46

Multiple Choice

Once all payments have been received and made, the project "books," or accounting records, can be closed, and a financial analysis of the project can be made in which final actual costs are compared to

• A) the FCAC calculations made.
• B) the project baseline budget.
• C) the actual value of the project.
• D) amounts paid to suppliers.

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Definitions:

Situational Influences

The impact of external environmental factors on an individual's behavior, choices, and attitudes at a given moment.

Dispositional Influences

Characteristics or traits of individuals that influence their behaviors and attitudes.

Fundamental Attribution Error

The tendency to overestimate the influence of personality and underestimate the influence of situations when explaining other peoples' behaviors.

Internal Qualities

Characteristics or traits that are inherent to an individual, often related to personality, values, or motivation.