A Clearly Identifiable Point in a Project or Set of Activities

question 55

Multiple Choice

A clearly identifiable point in a project or set of activities that commonly denotes a reporting requirement or completion of a large or important set of activities is called a(n) __________.

• A)milestone
• B)anniversary
• C)node
• D)dummy activity

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Definitions:

Incremental Cash Flows

The additional cash flow a company receives from taking on a new project or investment, after accounting for expenses.

Market Values

The market price at which a service or asset can currently be sold or bought.

Transaction Costs

Expenses incurred during the buying or selling of goods and services, which can include broker fees, commissions, and taxes.