An Activity X Has a Duration of 5 Weeks and Is

question 88

Multiple Choice

An Activity X has a duration of 5 weeks and is budgeted to cost $12,000.The crash time for this activity is 3 weeks and is expected to cost $32,000.The cost slope for Activity X is given by ______.

• A)(32,000 - 12,000)divided by (5 - 3)
• B)(5 - 3)divided by (32,000 - 12,000)
• C)32,000 divided by 5
• D)12,000 divided by 3

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Definitions:

Fair Value

The amount one would expect to receive from selling an asset or the cost to transfer a liability in a smooth transaction among market players on the date of valuation.

Non-Controlling Interest (NCI)

The portion of equity ownership in a subsidiary not attributable to the parent company, reflecting the minority shareholders' share of the subsidiary's net assets and profits.

Statement Of Financial Position

A financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time, also known as a balance sheet.

IFRS 3

An International Financial Reporting Standard that deals with the accounting treatment for all business combinations.