What Is the Primary Purpose of Creating a Work Breakdown

question 24

Multiple Choice

What is the primary purpose of creating a work breakdown structure?

• A) to draw the project plan as a chart or tree
• B) to make sure important tasks are identified
• C) so that all team members can see what others are working on
• D) to assign budget numbers to tasks
• E) to to make sure team members can communicate effectively

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Definitions:

Outstanding Shares

The total number of a company's shares that are currently owned by shareholders, including shares held by institutional investors and restricted shares held by company officers and insiders.

Cash Dividends

Money paid out to shareholders by a corporation, often as a portion of the company's profits.

Journal Entries

Records of financial transactions in the double-entry bookkeeping system, showing debits and credits made in accounts to maintain the ledger.

Available-For-Sale Investments

Financial assets not classified as held-to-maturity or trading securities, which can be sold in the financial markets.