Which of the Following Is Not Characteristic of a Project

question 6

Multiple Choice

Which of the following is not characteristic of a project?

• A) has a life cycle
• B) uses no resources
• C) involves a unique, one-time event
• D) consists of several tasks
• E) typically some activities may be done simultaneously

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Definitions:

Assets

Assets held by a business that possess monetary worth and can be transformed into liquid cash.

Buildings

Long-term physical assets used for business operations, classified under fixed or non-current assets on the balance sheet.

Insurance Expense

The cost incurred by a company to obtain insurance coverage, recognized as an expense over the period the insurance coverage is applicable.