Administrative Activities, Such as Archiving Project Files, Closing Out Contracts

question 69

Multiple Choice

Administrative activities, such as archiving project files, closing out contracts, documenting lessons learned, and receiving formal acceptance of the delivered work as part of the phase or project, are often involved in _____ processes.

• A)monitoring and controlling
• B)executing  
• C)initiating
• D)closing

Apply relative market value and physical quantities methods for joint cost allocation.

Understand the role and purpose of responsibility accounting in organizations.

Identify and explain the performance measures used in evaluating managerial performance in different types of responsibility centers.

Recognize the importance of selecting appropriate cost drivers in the allocation of costs.

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Definitions:

Monthly Excess Returns

Returns from an investment over and above the risk-free rate of return on a monthly basis, used to evaluate investment performance.

Nondiversified Investor

An investor who concentrates their investment in a limited selection of assets, increasing risk compared to diversified strategies.

Expected Excess Return

The return expected on an investment over and above the risk-free rate, taking into account both the risk involved and the time value of money.

Beta

A measure of a stock's volatility in relation to the overall market; it indicates the risk associated with a particular equity in comparison to the market as a whole.