PERT

question 90

Multiple Choice

PERT

• A)assumes that we do not know ahead of time what activities must be completed.
• B)assumes that activity time estimates follow the normal probability distribution.
• C)is a network technique that uses three time estimates for each activity in a project.
• D)is a deterministic network technique that allows for project crashing.
• E)None of the above

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Definitions:

Allowance for Doubtful Accounts

An accounting provision made by a company to account for accounts receivable that might not be collected.

Bad Debts Expense

Financial accounting charge for accounts receivable that a company does not expect to collect.

Allowance Method

The Allowance Method is an accounting technique that estimates and accounts for potential uncollected receivables or bad debt expenses.

Accounts Receivable

Amounts due from customers to a business for goods delivered or services completed but not yet compensated.