Which Description Best Fits a Work Breakdown Structure (WBS)

question 44

Multiple Choice

Which description best fits a work breakdown structure (WBS) ?

• A)A project planning software program is selected for use by the steering committee to assist in planning needed changes.
• B)The implementation committee learns about the capabilities of a new wireless system.
• C)A timeline is developed to determine who will do necessary tasks for the implementation of each project phase.
• D)A committee is formed to guide the implementation of a new wireless system.

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Definitions:

Ledger Accounts

Individual accounts within the ledger that record transactions related to a company's assets, liabilities, equity, revenue, and expenses.

Journal

A detailed record where all financial transactions of a business are initially recorded before being transferred to the accounts in the general ledger.

Transaction Recording Process

The methodical process of recording financial transactions in the books of accounts to ensure accurate financial reporting.

Journal

A chronological record of all transactions made by a company, used as the primary source of information for the financial statements.