An External Risk Factor That Might Need to Be Considered

question 139

Multiple Choice

An external risk factor that might need to be considered when conducting project planning is:

• A) Lack of resources.
• B) Regulatory requirements.
• C) Organizational rules.
• D) Technological capabilities.

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Definitions:

Matching Principle

An accounting concept that requires expenses to be recorded in the same period as the revenues that are generated as a result of those expenses.

Expenses

It refers to the outflow of cash or other valuable assets from a person or company to another entity as a result of purchasing goods or services.

Related Revenues

Income that is directly connected to the primary operations or activities of a business.

Revenue

The total income generated by a business from its normal business operations, such as sales of goods or services.