The WBS Establishes the Framework for

question 66

Multiple Choice

The WBS establishes the framework for

• A) developing the acceptance criteria.
• B) further planning to create a baseline plan for performing the project work.
• C) listing the deliverables.
• D) defining the major tasks or work elements.

Determine the contribution margin ratio and its significance in break-even analysis.

Use the operating leverage to estimate the effect of sales changes on net operating income.

Understand the basic concepts and application of the high-low method in cost analysis.

Comprehend the principles of scattergraph method and the role of activity as an independent variable in cost behavior analysis.