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Of the following, which one is NOT true concerning a contract?
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D. It is a mutually binding legal relationship that obligates the seller to provide specific products, services, or results and obligates the buyer to pay the seller.
Answer: B
Explanation:
A contract management plan is not part of a contract. It is used to identify how the contract will be administered. [Executing] PMI@, PMBOK@ Guide, 2013, 357, 382
NEW QUESTION: 2
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C. Create a journal-level reporting currency for every transaction.
D. Create an account-level reporting currency.
Answer: A
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B. Payables
C. Assets
D. Purchasing
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