NASCLA BUSINESS, LAW AND PROJECT MANAGEMENT (BASIC) - PRACTICE TEST 2 QUESTIONS WITH COMPLETE SOLUTIONS

NASCLA BUSINESS, LAW AND PROJECT MANAGEMENT (BASIC) - PRACTICE TEST 2 QUESTIONS WITH COMPLETE SOLUTIONS
Question 1: The _____ method recognizes income when
the employer has done the work but has not received the
income.
A. Accrual
B. Appreciation
C. Depreciation
D. Cash
CORRECT ANSWER: A. Accrual
Question 2: A _____ bundles all cost factors for entire
task.
A. Lump sum

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