The Benefit of Ongoing Cost Information to Manager About Jobs

question 116

True/False

The benefit of ongoing cost information to manager about jobs is that the information helps managers when they bid on new job opportunities while old jobs are in process.

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Definitions:

Promisee

The person to whom a promise is made in a contract, who stands to benefit from the fulfillment of the promise.

Bind

To legally obligate oneself or another party to a contract or agreement, making it enforceable by law.

Illusory

Pertaining to an agreement or promise that lacks real consideration or enforceability, making it seem valid but without substance.

Video Games

Electronic games played through consoles, computers, or mobile devices, characterized by interactive gameplay and visual feedback.