Which of These Is NOT Characteristic of a Project

question 100

Multiple Choice

Which of these is NOT characteristic of a project?

• A)Projects are responsible for the newest and most improved products,services,and organizational processes.
• B)Projects are ad hoc endeavors with a clear life cycle.
• C)Projects provide a philosophy and strategy for the management of change.
• D)Traditional process management functions of planning,organizing,and controlling do not apply to project management.

---

Definitions:

Rent Expense

The cost incurred for leasing or renting property or equipment for business operations over a specified period.

Factory Building

A structure designated for industrial activities including manufacturing, assembling, and processing.

Income Statement

is a financial statement that provides a summary of a company's revenues, expenses, and profits over a specified period of time, showing how the net income is arrived at.

Operating Expenses

Expenses incurred during the regular operations of a business, excluding the cost of goods sold.