Which Statement Regarding Project Selection and Screening Criteria Is BEST

question 96

Multiple Choice

Which statement regarding project selection and screening criteria is BEST?

• A)The most complete model in the world is still only a partial reflection of organization reality.
• B)It is possible,given enough time and effort,to identify all relevant issues that play a role in project selection.
• C)Decision models are either objective or subjective.
• D)For many projects,more than 80% of the decision criteria are vital.

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Definitions:

Functional Currency

The currency of the primary economic environment in which an entity operates, usually determining how financial statements are presented.

Presentation Currency

The currency in which a company's financial statements are reported, chosen by the company to suit its primary audience's needs.

Recorded

The process of formally documenting transactions and events in the financial records of an entity.

Functional Currency

The currency of the primary economic environment in which an entity operates, used in its financial reporting.