The Construction Manager

question 22

Multiple Choice

The Construction Manager

• A) is usually the Architect
• B) knows what the Owner wants better than anyone else
• C) is hired by the Owner to oversee the completion of the project
• D) serves to manage and decide all disputes on a project between Designers and the Constructor

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Definitions:

Total Assets Ratio

Total assets ratio is a financial metric used to assess a company's efficiency in using its assets to generate revenue.

Net Income

The net income a company earns once all expenses and taxes are subtracted from the total revenue.

Operating Cash Flow

Cash generated from a company's normal business operations, indicating whether a company can generate sufficient positive cash flow to maintain and grow its operations.

Indirect Method

A way of preparing the cash flow statement where net income is adjusted for changes in balance sheet account balances to calculate cash flow from operating activities.