An Important Implication of the Project Life Cycle Concept Is

question 15

Multiple Choice

An important implication of the project life cycle concept is that a project will resist __________ of its existence.

• A)termination
• B)completion
• C)extending
• D)logging

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Definitions:

Average Accounting Return

A financial ratio that compares the average annual net income of an investment to its initial cost to assess its profitability.

Accounting Basis

The method in which income and expenses are recognized in the accounts; common methods include cash basis and accrual basis accounting.

Computation

The process of performing mathematical calculations or processing data using algorithms, often carried out by computers.

Average Accounting Return

A financial ratio that reflects the average net income that a project or investment generates compared to its initial cost or average investment.