Which of the Following Statements About the Work Breakdown Structure

question 11

Multiple Choice

Which of the following statements about the work breakdown structure WBS) is not ?

• A)The WBS provides a hierarchical structure that outlines the activities or work that needs to be done in order to complete the project scope.
• B)The WBS should support the project's MOV
• C)The WBS should be developed by the project manager.
• D)The WBS provides a framework for developing a tactical plan to structure the project work.
• E)The WBS provides a bridge or link between the project's scope and the detailed project plan

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Definitions:

Normal Balance

The side (debit or credit) of an account that is typically increased. For example, assets and expenses usually have a debit normal balance, while liabilities, equity, and revenue have a credit normal balance.

Adjusting Journal Entry

A record made in the books to correct or update financial statements prior to issuing them, ensuring they reflect true values.

Fees Earned

Revenue generated from providing services, as opposed to selling goods, in a given period.

Prepaid Expense

An expense that has been paid in advance and will be recognized as an expense in a future accounting period.