A Technique That Uses Optimistic, Pessimistic, and Realistic Time to Calculate

question 58

Multiple Choice

A technique that uses optimistic, pessimistic, and realistic time to calculate the expected time for a particular task is called:

• A)critical path method.
• B)OPR method.
• C)program evaluation and review technique.
• D)expected completion time analysis.

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Definitions:

Retained Earnings

The portion of a company's profits not distributed to shareholders as dividends but kept within the company to reinvest in business operations or pay down debt.

Average Tax Rate

The total amount of tax paid divided by taxable income.

Taxes

Mandatory financial charges or levies imposed by a government on individuals, entities, or transactions to fund public expenditure.

Taxpayer

An individual or entity obligated to pay taxes to a federal, state, or local government body.