Communications to Stakeholders Are Necessary for Which of the Following

question 34

Multiple Choice

Communications to stakeholders are necessary for which of the following reasons? 

• A) to help them take ownership of the project and make timely decisions 
• B) to keep them at arms length so progress can continue 
• C) to shift the burden of risk from the project team to the stakeholders 
• D) to provide input to team performance reviews

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Definitions:

Sales Journal

The Sales Journal is a specialized accounting journal used to record all sales of merchandise on credit.

General Journal

The primary journal where all types of transactions are first recorded in chronological order before posting to accounts.

Cash Sales Return

Refunds issued to customers for goods returned that were originally purchased with cash, impacting both the company's inventory and its cash balances.

Cash Payments Journal

A financial journal that records all disbursements of cash, including expenses, asset purchases, and debt payments.