A _____ Is a Document That Recognizes the Existence of a Project

question 83

Multiple Choice

A _____ is a document that recognizes the existence of a project and provides direction on the project's objectives and management.

• A)stakeholder register
• B)risk register  
• C)directive
• D)project charter

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Definitions:

Saving

The portion of income not spent on consumption or taxes, typically put aside for future use or investment.

Potential GDP

Potential GDP refers to the maximum output an economy can produce without triggering inflation, if all resources are fully employed.

Full-employment GDP

Full-employment GDP is the maximum potential output an economy can produce when all resources, including labor, are fully utilized without causing inflation.

Capitalist Economy

A financial system where capital goods are owned by individuals or corporations, with investment choices, prices, production, and goods distribution primarily influenced by competition within a free market.