Which of the Following Is NOT True About Project Management

question 85

Multiple Choice

Which of the following is NOT true about project management?

• A) It is not limited to the private sector.
• B) Many opportunities are available for individuals interested in this career path.
• C) It improves one's ability to plan, implement and manage activities to accomplish specific organizational objectives.
• D) It focuses primarily on technical processes.
• E) It is a set of tools.

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Definitions:

Selling Expense

Costs incurred directly and indirectly in making sales, including advertising, shipping, and sales staff salaries.

Goods Sold

The total of merchandise that a company has sold to its customers within a specific period; often referred to as 'sales'.

Perpetual Inventory System

An inventory accounting system that records goods transactions in real-time.

FOB Shipping Point

A shipping term indicating that the buyer assumes responsibility for the goods and the associated costs once the goods leave the seller's premises.