Which of the Following Is NOT a True Statement Regarding

question 72

Multiple Choice

Which of the following is NOT a True statement regarding project planning?

• A) Project planning often requires that you make numerous assumptions about resource availability and potential problems.
• B) Project planning is the second phase of the project management process.
• C) Project planning focuses on defining clear, discrete activities and the work needed to complete each activity within a single project.
• D) The repetitive nature of the project management process requires that plans be constantly monitored throughout the project and periodically updated.
• E) Monitoring project progress against the baseline project plan is the first project planning activity.

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Definitions:

Goodwill

A non-physical asset that is recognized when one business buys another at a cost exceeding the fair market value of its net recognizable assets.

Goodwill

An intangible asset that represents the premium paid over the fair value of the net identifiable assets of a company during an acquisition.

Initial Value Method

An accounting method used to record investments at their acquisition cost.