The Probability That a Project Will Be Completed Within a Specified

question 64

Multiple Choice

The probability that a project will be completed within a specified period of time can be calculated using the standard normal equation,which is ______.

• A)(due date - expected date of completion)/ the project's standard deviation
• B)(expected date of completion - due date)/ the project's standard deviation
• C)the project's standard deviation / (due date - expected date of completion)
• D)the project's standard deviation / (expected date of completion - due date)

---

Definitions:

Internal Accounting Control

Procedures and policies implemented by a company to ensure the integrity and accuracy of its financial and accounting information.

Unauthorized Payments

Financial transactions made without proper approval or beyond the scope of allowed expenditures.

Post-retirement Benefits

Financial benefits, such as pensions and healthcare, provided to employees after they retire from the company.

Retired Employees

Individuals who have concluded their professional careers and are no longer working, often receiving pensions or retirement benefits.