Project Prices and Budgets Should Include ____ to Pay for Additional

question 54

Multiple Choice

Project prices and budgets should include ____ to pay for additional costs associated with implementing response plans.

• A) a padded budget
• B) a contingency or management reserve
• C) expenses for other charges in the office to help
• D) extra overhead

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Definitions:

Stock Price

The cost of purchasing one share of a company, which fluctuates based on market conditions and perceived value.

Upper Bound

The highest value that a particular parameter can assume, often used in the context of optimization and approximation problems.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price on or before a specified date.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership of the company.