Explain the "budget creep" aspect of a control chart
What will be an ideal response?
While a one -time schedule excess is usually forgivable (such as an unusual large expense), budget creep is not.
Budget creep is particularly sinister because it has a tendency to edge up over time. Budget creep can result in
excessive spending over multiple months and once started, is difficult to correct.
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Which of the following risks can be essentially eliminated by immunizing a bond portfolio? I. default risk II. price risk III. reinvestment risk IV. liquidity risk
A) I, II and III only B) II and III only C) II, III and IV only D) I, II, III and IV
Automation of a process activity consists of moving work from the ________ of the symmetrical five-component framework
A) software side to the human side B) data side to the procedure side C) human side to the computer side D) software side to the hardware side