Consider the Portfolio of Projects Described in the Table A)A
B)B

question 98

Multiple Choice

Consider the portfolio of projects described in the table.The resource requirements are in numbers of labor hours.The Greatest Resource Demand rule would begin work with project: $$\begin{array} { | l | l | l | l | l | l | } \hline&&& \text { Resource } & \text { Resource } & \text { Resource }\\\text { Project } & \text { Date Rec'd } & \text { Date Due } & 1&2 & 3\\ \hline \text { A } & \text { Apr 2006 } & \text { Oct 2006 } & 125 & 200 & 100 \\\hline B & \text { Feb 2006 } & \text { Sep 2006 } & 200 & 350 & 400 \\\hline \mathrm { C } & \text { Mar 2006 } & \text { Aug 2006 } & 100 & 650 & 200 \\\hline \mathrm { P } & \operatorname { Jarn } 2006 & \text { Nov 2006 } & 150 & 250 & 350 \\\hline\end{array}$$

• A)A.
• B)B.
• C)C.
• D)D.

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Definitions:

Order of Liquidity

The arrangement of assets on a balance sheet in descending order of how quickly they can be converted into cash.

Long-Term Investments

Long-Term Investments are assets that a company intends to hold for more than one fiscal year, often including stocks, bonds, or real estate.

Property, Plant, and Equipment

Long-term assets used in the production of goods and services, such as buildings, machinery, and vehicles.