A Project Consists of Four Activities with Information as Shown

question 5

Multiple Choice

A project consists of four activities with information as shown in the table.What is the overall variance of the project? $\begin{array}{|l|l|l|l|}\hline&&&\text { Standard }\\ \text { Activity } & \text { Predecessor } & \text { Length } & \begin{array}{l}\text { Deviation }\end{array} \\\hline \text { A } & - & 10 & 2 \\\hline \text { B } & \text { A } & 12 & 1 \\\hline \text { C } & \text { B } & 16 & 2 \\\hline \text { D } & \text { C } & 14 & 3\\\hline \end{array}$

• A)18
• B)8
• C)2.82
• D)5.56

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or the business cycle, whichever is longer.

Fixed Assets

Long-term tangible assets used in the operation of a business and not expected to be converted into cash within a year.

Return on Investment

measures the gain or loss generated from an investment relative to its cost, providing insight into the efficiency of the investment.

Profit Centre Managers

Individuals responsible for overseeing profit centres, areas within a business that are directly responsible for generating revenue exceeding their operating costs.