WGu Project Management C722
Unit 3 Module 7 Quiz with
Accurate Answers
_____ project selection models measure the financial returns of the
project and include: payback period, net present value, and internal
rate of return as part of the measurement.
a. non-numeric
b. profitability based correct answer b. profitability based
_____ project selection models use selection criteria that are not
limited to traditional numeric performance measures such as ROI,
profit, and revenue, etc.
a. ease of use
b. comparable correct answer a. ease of use
_____ project selection models use selection criteria that are not
limited to traditional numeric performance measures such as ROI,
profit, and revenue, etc.
a. scoring
b. non-numeric correct answer b. non-numeric
______ calculates the amount of time required to earn back the cost of
doing the project.
a. internal rate of return
,b. payback period correct answer b. payback period
______ is a financial measure of the total future benefits of a project
minus the cost of the project.
a. future net cash flows
b. net present value correct answer b. net present value
_______ project selection models should provide results in a
reasonable amount of time which is easily understood by the decision
makers.
a. low cost
b. ease of use correct answer b. ease of use
_______ project selection models use a series of questions to evaluate
each potential project and then the answers to the questions would be
compared to determine whether a project is accepted or rejected.
a. checklist
b. profit correct answer a. checklist
____________ calculates the amount of time required to earn back the
cost of doing the project.
Payback period
, Time value of money
Internal rate of return correct answer a. payback period
Payback period calculates the amount of time required to earn back the
cost of doing the project.
____________ is a financial measure of the total future benefits of a
project minus the cost of the project.
Future net cash flows
Opportunity cost
Net present value correct answer c. net present value
Net present value (NPV) is a financial measure of the total future
benefits of a project minus the cost of the project.
____________ models measure the financial returns of the project and
include: payback period, net present value, and internal rate of return
as part of the measurement.
Profit/Profitability-based
Unit 3 Module 7 Quiz with
Accurate Answers
_____ project selection models measure the financial returns of the
project and include: payback period, net present value, and internal
rate of return as part of the measurement.
a. non-numeric
b. profitability based correct answer b. profitability based
_____ project selection models use selection criteria that are not
limited to traditional numeric performance measures such as ROI,
profit, and revenue, etc.
a. ease of use
b. comparable correct answer a. ease of use
_____ project selection models use selection criteria that are not
limited to traditional numeric performance measures such as ROI,
profit, and revenue, etc.
a. scoring
b. non-numeric correct answer b. non-numeric
______ calculates the amount of time required to earn back the cost of
doing the project.
a. internal rate of return
,b. payback period correct answer b. payback period
______ is a financial measure of the total future benefits of a project
minus the cost of the project.
a. future net cash flows
b. net present value correct answer b. net present value
_______ project selection models should provide results in a
reasonable amount of time which is easily understood by the decision
makers.
a. low cost
b. ease of use correct answer b. ease of use
_______ project selection models use a series of questions to evaluate
each potential project and then the answers to the questions would be
compared to determine whether a project is accepted or rejected.
a. checklist
b. profit correct answer a. checklist
____________ calculates the amount of time required to earn back the
cost of doing the project.
Payback period
, Time value of money
Internal rate of return correct answer a. payback period
Payback period calculates the amount of time required to earn back the
cost of doing the project.
____________ is a financial measure of the total future benefits of a
project minus the cost of the project.
Future net cash flows
Opportunity cost
Net present value correct answer c. net present value
Net present value (NPV) is a financial measure of the total future
benefits of a project minus the cost of the project.
____________ models measure the financial returns of the project and
include: payback period, net present value, and internal rate of return
as part of the measurement.
Profit/Profitability-based
