Given an Activity's Optimistic,most Likely,and Pessimistic Time Estimates of 3,6,and

question 60

Multiple Choice

Given an activity's optimistic,most likely,and pessimistic time estimates of 3,6,and 9 days respectively,compute the PERT variance for this activity.

• A)3
• B)1
• C)9
• D)6
• E)None of the above

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Definitions:

Equity Method

An accounting method for recording investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's net income or loss.

Partial Equity Method

An accounting approach used for investments in associates where the investment is recorded at cost and adjusted for the investor's share of profit or losses.

Initial Value Method

An accounting method that records investments at their original purchase cost without adjusting for changes in market value.

Net Position

Net Position represents the difference between an entity's assets and liabilities, indicating the financial health or net worth of an entity.