The Project Manager's Responsibility to Maximize the Overall Value for Project

question 33

Multiple Choice

The project manager's responsibility to maximize the overall value for project stakeholders best describes the ________ orientation of normative ethics.

• A)process
• B)outcome
• C)character
• D)financial

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Definitions:

Bad Debt Expense

The cost associated with accounts receivable that is not expected to be collected.

Quality of Income

A measure of the conservatism of a company's earnings with respect to its ability to generate cash flows, indicating the robustness of earnings.

Net Profit Margin

A financial performance ratio, expressed as a percentage, calculating the amount of net income generated as a portion of revenues.

Unearned Revenue

money received by an entity for a service or product to be delivered or performed in the future.