Which of the Following Is Not One of the Six

question 19

Multiple Choice

Which of the following is not one of the six phases of a project?​

• A)Precompletion.
• B)Project definition.
• C)Preliminary studies.
• D)Performance.
• E)Post-completion.

---

Definitions:

Target Profit

The expected profit levels set by management for a specific period, guiding pricing and sales strategies.

Income Statement

An account documenting an organization's economic activity, showing income, outlays, and net gains or deficits over a distinct timeframe.

Net Operating Income

This refers to a company's income after all operating expenses, but before interest and taxes, are subtracted from total revenue.

Contribution Format

An income statement format that separates fixed costs from variable costs, making it easier to see the contribution margin.