______ Is the Continuous Monitoring of Shortages or Sudden Changes

question 52

Multiple Choice

______ is the continuous monitoring of shortages or sudden changes in the quality of materials.

• A)Exception management
• B)Performance assessment
• C)Strategy management
• D)Performance control

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Definitions:

Financial Break-Even

The point at which a project or company generates enough revenue to cover all of its financial costs, including operating expenses and interest.

Cash Flow Forecasts

Predictions about the flow of cash in and out of a business, used for planning and management purposes.

NPV

Net Present Value, a method used in capital budgeting to assess the profitability of an investment or project, calculated by subtracting the present values of cash outflows from the present values of cash inflows over a period of time.

Break-Even Analysis

A calculation to determine the point at which revenue received equals the costs associated with receiving the revenue.