A Project Is Nearing the Expected Completion Date, but It

question 58

Multiple Choice

A project is nearing the expected completion date, but it is behind schedule. The project manager has decided to fast-track the resources. Which of the following impacts will MOST likely occur? (Choose two.)

• A) Cost will increase.
• B) Scope will increase.
• C) Schedule will decrease.
• D) Risk will decrease.
• E) Budget will increase.
• F) Quality will increase.

---

Definitions:

Cash Receipts Journal

The special journal in which all cash receipts are recorded.

Compensating Balance

A minimum account balance that a company must maintain as part of an agreement with a lender, often to secure a loan or line of credit.

Cash Balance

The amount of money on hand and available in a company's bank accounts at any given time.

EFT

Electronic Funds Transfer, a system that moves money between accounts electronically.