Select the Appropriate Definition for Each of the Items Listed

question 34

Multiple Choice

Select the appropriate definition for each of the items listed below.
-A benefit given up when one alternative is chosen over another

• A)period cost
• B)direct cost
• C)opportunity cost
• D)variable cost
• E)indirect cost
• F)fixed cost
• G)product cost

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Definitions:

Project Scope

Describes the project's boundaries, deliverables, and requirements, defining what is and is not included in the project.

Milestone Achievement

The successful completion of a significant event or task in a project that marks progress towards the project's goals.

Client's Doubt

A client's uncertainty or questioning regarding aspects of a service or product offering.

Frustration of the Client

The feeling of dissatisfaction or annoyance experienced by clients due to unmet expectations or obstacles in achieving their goals.