Table 12-3 -According to Table 12-3, There Are Five Activities in a Activities

question 122

Multiple Choice

Table 12-3
-According to Table 12-3, there are five activities in a PERT project. What is the variance of the critical path?

• A) 5.222
• B) 4.222
• C) 1.222
• D) 0
• E) 1.111

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Definitions:

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.

Cost Method

A method of accounting that records the investment at its original cost and recognizes income when dividends are received.

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee but does not control it outright.

Consolidation

The process of combining financial statements of a parent company with those of its subsidiaries to present as one economic entity.