The Usually States the Time by Which a Project Scope

question 74

Multiple Choice

The usually states the time by which a project scope must be completed in terms of the specific date agreed upon by the sponsor.

• A)project schedule
• B)project objective
• C)task timetable
• D)project scope

---

Definitions:

Simple Interest

A method of calculating the interest charge on a loan based on the original principal amount and the rate of interest per period.

Annum

A Latin term for year, often used in financial contexts to denote per year.

Deferred Payment

An agreement to postpone payment until a later date, often used in sales and financing arrangements.

Simple Interest

Simple interest is a method of calculating interest where the interest charge is based on the original principal amount and does not accumulate or compound over time.