A cost associated with project start-up refers to a(n):
A) recurring cost.
B) one-time cost.
C) incremental cost.
D) infrequent cost.
E) consumable cost.

Question

Quizplus · Accepted Answer

A cost associated with project start-up is a one-time cost that is incurred at the beginning of the project. It includes all the expenses related to initiating the project, such as purchasing equipment, hiring personnel, and setting up the project infrastructure. Recurring costs are those that are incurred repeatedly over a period of time, while incremental costs are the additional costs incurred as a result of an increase in project scope or size. Infrequent costs are those that occur sporadically over the life of the project, and consumable costs are those that involve the use of materials or supplies that are replaced or consumed throughout the project.

A Cost Associated with Project Start-Up Refers to A(n)