Which of the Following Is Not Considered a Key to Project

question 16

Multiple Choice

Which of the following is not considered a key to project management success?

• A)Building effective teams by aligning their incentives with the overall goals of the project.
• B)Excelling at core project management practices, such as short delivery cycles and quality checks.
• C)A lack of focus, such as unclear objectives and lack of business focus.
• D)Mastering technology and project content by securing critical internal and external talent.

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Definitions:

Retail Inventory Method

An accounting process used by retailers to estimate inventory value by converting the retail value of inventory to a cost basis, based on the relationship between cost and retail price.

Ending Inventory

The value of goods available for sale at the end of an accounting period.

Gross Profit Method

A method of estimating the amount of ending inventory by applying the gross profit percentage to sales.

Inventory Shortage

The situation where the actual inventory on hand is less than what is recorded in the accounting records.