Which of the Following Describes the Activities Appropriately Performed by the Project

question 22

Multiple Choice

Which of the following describes the activities appropriately performed by the project team during Perform Qualitative Risk Analysis?​ 

• A) Team members assess the probability of occurrence and severity of impact for identified risks. 
• B) Team members develop contingency plans for all risks to avoid adverse impacts to project objectives. 
• C) Team members identify potential risk events. 
• D) Team members define how to conduct risk management activities for the project.

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Definitions:

Cost of Goods Sold

Cost of Goods Sold is the total of all expenses directly related to the manufacturing or purchasing of products that a company sells during a period.

Days in Receivables

Days in Receivables, often referred to as Days Sales Outstanding (DSO), measures the average number of days it takes a company to collect payment after a sale has been made.

Accounts Receivable

This term refers to the money that is owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Credit Sales

Sales made by a business where payment is delayed, allowing the buyer to purchase goods or services on credit.