A Project Has the Following Projected Outcomes in Dollars: $250,$350,and

question 29

Multiple Choice

A project has the following projected outcomes in dollars: $250,$350,and $500.The probabilities of their outcomes are 25%,50%,and 25% respectively.What is the standard deviation of these outcomes?

• A) $363
• B) $89
• C) $94
• D) $178

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Definitions:

Noncontrollable Direct Fixed Costs

Fixed costs that cannot be altered or influenced by the decisions of management in the short term.

Indirect Fixed Costs

Costs that are incurred for the benefit of more than one profit center.

Performance Report

A document or record that outlines the performance outcomes, efficiency, and effectiveness of efforts over a defined period.

Profit Center

A segment or division within an organization directly responsible for generating profit through its operations and activities.