What Is Any Measurable, Tangible, Verifiable Outcome, Result, or Item

question 72

Multiple Choice

What is any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project?

• A)project milestones
• B)project objectives
• C)project assumptions
• D)project deliverable

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Definitions:

Annual Net Cash Flow

The difference between a company's total cash inflows and outflows over one fiscal year, reflecting its ability to generate cash.

Average Rate Of Return

A method of evaluating a capital investment proposal that focuses on the expected profitability of the investment; computed as average annual income divided by average investment. Also referred to as accounting rate of return.

Average Income

The mean amount of earnings generated over a specified period of time, taking into account all revenue sources.

Cash Payback Method

The cash payback method is a capital budgeting method that estimates the time required for a project to generate cash flows sufficient to recoup the initial investment.