Which of the Following Terms Best Describes a Provision in the Project

question 36

Multiple Choice

Which of the following terms best describes a provision in the project management plan to mitigate cost and / or schedule risk?

• A) reserve
• B) insurance
• C) padding
• D) discretionary fund

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Definitions:

Noncontrolling Interest

Refers to the portion of equity in a subsidiary not attributable directly or indirectly to the parent company.

Acquisition-Date Fair Value

The fair value of an asset or liability at the date it is acquired in a business combination.

Combined Book Value

The total value of a company's assets as recorded in its financial books, excluding intangible items and liabilities.

Partial Equity Method

An accounting technique used for investments, where the investment is recorded at cost and adjusted for the investor's share of the investee's income, losses, and dividends.