In a Network Diagram,an "Activity

question 83

Multiple Choice

In a network diagram,an "activity"

• A) is the largest unit of work effort consuming both time and resources that a project manager can Schedule and control.
• B) is the smallest unit of work effort consuming both time and resources that a project manager can schedule and control.
• C) should always be something the company has had experience with.
• D) must always have a single, precise estimate for the time duration.

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Definitions:

No-Arbitrage Condition

A principle asserting that equivalent assets or combinations of assets should have the same price to prevent the possibility of risk-free profit through arbitrage.

Well-Diversified Portfolios

Investment portfolios that are spread across various assets to minimize exposure to any single asset or risk.

Arbitrage Opportunities

Situations in which it is possible to simultaneously buy and sell an asset or assets to profit from a difference in prices across different markets or formats without risk.