Build-It-Better Constructions Received a Contract to Build a Convention Centre

question 72

Multiple Choice

Build-it-Better Constructions received a contract to build a convention centre for $23 000 000.It estimated total costs to be $16 000 000 over a three-year construction period: $5 000 000 in Year 1,$7 000 000 in Year 2,and $4 000 000 in Year 3.What is the total project revenue from the convention centre?

• A)$16 000 000
• B)$23 000 000
• C)$18 000 000
• D)$7 000 000

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Definitions:

Online Search

The process of using internet-based tools and platforms to obtain information or find resources.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Responsibility of Citizenship

The duties and obligations that come with being a member of a community or country, including obeying laws, paying taxes, and participating in civic life.

Business Ethics

Ethics in a business context; a consensus of what constitutes right or wrong behavior in the world of business and the application of moral principles to situations that arise in a business setting.