New PMP Question & Answers with explanation

_______________ is the authorized budget for the work scheduled to be completed on an activity or WBS component.
Select one
The project you are working on has received an invoice from a vendor for US$17,500. However, your team believes the correct total due is US$15,300. When you notify the vendor, the vendor still insists on US$17,500. What is the best course of action now?
Select one
You have just received notice that the organization you have worked for as a project manager has gone bankrupt. All employees have 72 hours’ notice of termination. What is the best course of action for the two projects you are managing?
Select one
Which of the following is an output of the Create WBS process?
Select one
Analysis of project spending against project budget and calculation of the percentage complete of tasks currently underway are examples of:
Select one