Cost Analysis Has Two Dimensions, Which Are

question 23

Multiple Choice

Cost analysis has two dimensions, which are

• A)financial and non-financial.
• B)present and the future.
• C)project and financial.
• D)project and non-financial.
• E)project and time.

---

Definitions:

Equitable Remedy

A non-monetary judgment in law where a court orders a party to act or refrain from acting, aimed at providing fair resolution in cases where monetary damages are insufficient.

Substitute Purchases

Substitute Purchases refer to the buying of goods or services as a replacement for those which were part of a contract that was not fulfilled as agreed.

Incidental Damages

Secondary or additional expenses incurred by a non-breaching party to mitigate losses following a breach of contract.

Contract Price

The total agreed-upon amount that will be paid for the completion of contractual obligations.