What Is the Project Scope

question 83

Multiple Choice

What is the project scope?

• A)an individual who is an expert in project planning and management, defines and develops the project plan, and tracks the plan to ensure that the project is completed on time and on budget
• B)a description of the business need (the problem the project will solve) and the justification, requirements, and current boundaries for the project
• C)a formal, approved document that manages and controls the entire project
• D)a graphical representation of the processes that capture, manipulate, store, and distribute information between a system and its environment

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Definitions:

Receive Payments

The process of collecting money from customers against invoices for goods or services provided.

Accounts Payable

Money owed by a company to its creditors for goods and services that have been delivered but not yet paid for.

Enter Bills Window

A feature in accounting software where users can input and manage bills they need to pay to suppliers or service providers.

Checking Account

A bank account from which payments can be ordered by the account holder, typically used for day-to-day financial transactions.