New PMP Question & Answers with explanation

What does estimate at completion (EAC) mean
Select one
The project sponsors have asked you to assess the feasibility of meeting the objectives and cost constraints. .why should you use analogous estimating
Select one
Company abc is evaluating three consulting companies to find a consultant to perform professional services. They request information on how the three consulting companies allocate fringe benefits to their clients. What type of cost is company abc asking about
Select one
Your company is in competition to win a major project for the government of a country. Your contacts in that country inform you that you must make a large payment to the foreign minister to be considered for the project. What should you do
Select one
You and everyone involved are inexperienced with the methodology, techniques, and tools. In light of this new approach, what is the best thing to do
Select one