The firm set aside a little extra money just in case an unforeseen element of cost pushed the project beyond what they had budgeted. This extra money is called:
A) A rainy day fund.
B) A contingency reserve.
C) An escalation clause.
D) A sinking fund.
B
Business
You might also like to view...
Which of the following methods is an approach to business communications designed to help presenters not make the mistake of presenting evidence without first stating a central position?
What will be an ideal response?
Business
A local service company has decided to segment its market based on occupation; therefore, it has chosen a form of demographic segmentation for its approach
Indicate whether the statement is true or false
Business