When Constructing a Responsibility Matrix or "RACI" Chart,it Is Important

question 41

True/False

When constructing a responsibility matrix or "RACI" chart,it is important to ensure that only one person has primary accountability for any activity.

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Definitions:

Voidable

A term applied to a contract that one or both parties have the ability to either withdraw from or enforce.

Insolvent Buyer

A purchaser who is unable to meet financial obligations or pay debts as they come due.

In Transit

Refers to goods or items that are on the way from one place to another during transportation.

Large Shipment

Refers to the transport of goods in bulk or significant quantity at once by land, sea, or air.