Micah Is a Fairly New Project Manager

question 36

Multiple Choice

Micah is a fairly new project manager.He estimated for a project plan (on the planning phase) that the project would cost $50,000 and take 20 weeks.According to the margin of error guidelines for well-done estimates,that could range from:

• A)$0 and $100,000 - and between 15 and 25 weeks
• B)$10,000 and $60,000 - and between 12 and 28 weeks
• C)$0 and $100,000 - and between 0 and 40 weeks
• D)$5,000 and $100,000 - and between 10 and 30 weeks
• E)$25,000 and $75,000 - and between 10 and 30 weeks

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Definitions:

Price-Earnings

A ratio used to evaluate a company's stock price relative to its per-share earnings, indicating the value that investors put on a company's earning power.

Dividend Yield

Dividend yield is a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue—the higher the number, the better the performance.

Total Assets

The aggregate of all resources owned by a company, valued in monetary terms, including both current and non-current assets.