A Tool for Project Planning That Organizes the Work to Be

question 10

Multiple Choice

A tool for project planning that organizes the work to be done on a project by creating component modules is a

• A)matrix chart
• B)organizational breakdown structure
• C)work breakdown structure
• D)responsibility assignment matrix

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Definitions:

Rate

The percentage at which interest is charged on a loan or earned on an investment.

Term Deposit

A banking product where money is locked away for a certain period of time at a fixed interest rate.

Maturity

The time at which a financial instrument, investment, or insurance policy reaches its final value and the principal is repaid or returned.

Interest

The price paid for the opportunity to use borrowed finances, generally expressed through an annual percentage.