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QUIZ: PRICING AND ESTIMATING

Authored by Bai Princess Kansi

Business

University

Used 2+ times

QUIZ: PRICING AND ESTIMATING
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10 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

________ consist of those materials required by engineering and operations to support the manufacture of end-items

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The __________ is the person who has management authority within a

business unit/department with direct supervision over one or more resources on the project team.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Project plans are known as “living documents” because they are subject to change.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Net Present Value Method is often considered as the worst approach.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payback period is the least precise of all capital budgeting methods.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

IRR is more difficult to calculate than NPV.

TRUE

FALSE

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

_______ refers to the amount of money that a company pays to its

employees for the time they spend working directly on the production of goods or

services.

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