Which of the Following Includes a Common Reason Why Change

question 285

Multiple Choice

Which of the following includes a common reason why change occurs?

• A) A misunderstanding of the initial scope
• B) Shifts in planned technology that force unexpected and significant changes to the business
• C) An omission in defining initial scope
• D) All of these choices

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Definitions:

Unrealized Profits

Gains on transactions that have occurred but have not yet been realized through the receipt or payment of cash.

Gross Margin

The difference between revenue and cost of goods sold, which indicates how much a company earns from its core operations.

Effective Tax Rate

The average rate at which an individual or corporation is taxed, considering all forms of taxes.

Investment Account

An account held at a financial institution that holds investments such as stocks, bonds, mutual funds, and other assets for the benefit of the investor.