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ithin the context related to this question within the Topic 5 lecture, select the option that is most correct. Question 1 Select one: 1 .

ithin the context related to this question within the Topic 5 lecture, select the option that is most correct.
Question 1Select one:
1.
'TC' refers to Termination Costs, which is the money that has already been spent at the time of project termination, whereas the term 'IC' is used to define Initial Costs, which refers to the money that has been spent for initiating the project.
2.
'TC' refers to Tangible Costs, which are costs that are readily measured, whereas 'IC' stands for Intangible Costs (such as many of the costs associated with creating good morale), which are often difficult to quantify.
3.
'TC' is a term used to define the Transfer Costs, which are related to transferring equipment between projects, whereas 'IC' stands for Internal Costs, such as those related to hiring staff from within the company to complete the project.
4.
'TC' is an acronym for Turnover Costs, which refer to general costs related to transitioning equipment from the testing to the operational environment, whereas 'IC' is used to define specific Installation Costs related to Set To Work (STW) activities.

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