Explanation

Bid Opening: Stage in project advertisement process where sealed bids, received by prospective bidders (Contractors) are opening and examined by the County. 

Explanation

 He is taller than me.

The above sentence is grammatically correct, because in this sentence 'than' is used as a preposition.

Explanation

A financial budget in budgeting means predicting the income and expenses of the business on a long-term and short-term basis

Explanation

Difference between budgeted amounts and actual results is classified as variances.

Explanation

A type of contract in which contract holder has right to sell an asset at specific period for predetermining price is classified as option.

Options are financial instruments that are derivatives or based on underlying securities such as stocks

Explanation

Third step in developing operating budget is making predictions about future. An operating budget is the annual budget of an activity stated in terms of Budget Classification Code, functional/subfunctional categories and cost accounts.

Explanation

Last step in developing operating budget is implementing decision.

An operating budget is a forecast of the revenues and expenses expected for one or more future periods.

Explanation

Explanation

Must is used to express obligation, give orders and give advice.

It can only be used for present and future reference.

Explanation

Fast is both an adjective and an adverb.