WGU Unit 3 Module 9 Quiz Exam Questions
and Answers with Verified Solutions | Latest
Updated 2026
____________ project selection a. Ease of use
models Ease of use project selection models
should provide results in a should
reasonable amount of time which provide results in a reasonable amount of
is time
easily understood by the decision which is easily understood by the decision
makers. makers.
Ease of use
Low cost
Comparable
A project selection model is said to c. realistic
be ____________ when it
accurately
reflects the decision making
context
of the company including its
capabilities and limitations.
Capable
Flexible
Realistic
, The ____________ project b. scoring
selection model The scoring project selection model
extends the benefits of the extends the
checklist benefits of the checklist approach and
approach and uses quantitative or uses
qualitative criteria that are quantitative or qualitative criteria that are
answered answered
using a scale. using a scale.
Opportunity cost
Scoring
Payback period
The concept of ____________ c. time value of money
suggests The concept of time value of money
that money is worth more to an suggests that
organization now than in the money is worth more to an organization
future. now than
Payback period in the future.
Internal rate of return
Time value of money
The _____________ project b. low cost
selection A low cost project selection model keeps
model keeps the cost of gathering the cost
data and running the model low, of gathering data and running the model
relative to the scale of the project. low,
Ease of use relative to the scale of the project.
Low cost
Comparable
and Answers with Verified Solutions | Latest
Updated 2026
____________ project selection a. Ease of use
models Ease of use project selection models
should provide results in a should
reasonable amount of time which provide results in a reasonable amount of
is time
easily understood by the decision which is easily understood by the decision
makers. makers.
Ease of use
Low cost
Comparable
A project selection model is said to c. realistic
be ____________ when it
accurately
reflects the decision making
context
of the company including its
capabilities and limitations.
Capable
Flexible
Realistic
, The ____________ project b. scoring
selection model The scoring project selection model
extends the benefits of the extends the
checklist benefits of the checklist approach and
approach and uses quantitative or uses
qualitative criteria that are quantitative or qualitative criteria that are
answered answered
using a scale. using a scale.
Opportunity cost
Scoring
Payback period
The concept of ____________ c. time value of money
suggests The concept of time value of money
that money is worth more to an suggests that
organization now than in the money is worth more to an organization
future. now than
Payback period in the future.
Internal rate of return
Time value of money
The _____________ project b. low cost
selection A low cost project selection model keeps
model keeps the cost of gathering the cost
data and running the model low, of gathering data and running the model
relative to the scale of the project. low,
Ease of use relative to the scale of the project.
Low cost
Comparable
