Projects That Pass Away Simply Because Senior Managers,the Project Champion,the

question 40

Multiple Choice

Projects that pass away simply because senior managers,the project champion,the PM,and even key project workers lose interest in the project are known as __________.

• A)political terminations
• B)senescence terminations
• C)conflict terminations
• D)terminations by addition

Understand various logical fallacies and their impact on decision making and arguments.

Identify and evaluate the components of ethical decision making in a business context.

Recognize the effects of overconfidence and biases on decision quality.

Appreciate the importance of considering alternatives and consequences in decision making.

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Definitions:

Subchapter S

A designation of corporation that meets specific Internal Revenue Service criteria, allowing it to be taxed as a pass-through entity, avoiding double taxation.

Taxable Income

The portion of a person's or a company's income used to determine how much tax is owed to the government.

Book Income

The income reported by a corporation for financial reporting purposes, which may differ from taxable income calculated for tax purposes.

Financial Accounting Principles

Financial Accounting Principles are the rules and standards that guide the recording and reporting of financial data in financial statements.