Which of the Following Should Not Be Members of the Project

question 3

Multiple Choice

Which of the following should not be members of the project council?

• A)Senior management
• B)Accounting department
• C)Project owners or sponsors of major projects
• D)Head of the project management office

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Definitions:

Fixed Costs

Fixed costs refer to expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Total Costs

The aggregate amount of money spent on producing goods or services, covering both stable and changeable costs.

Economic Profit

The discrepancy between a company's overall income and its combined explicit and implicit expenses.

TR

A common abbreviation for Total Revenue, the total income generated from sales of goods or services.