Which of the Following Are Advantages of CPM/PERT

question 84

Multiple Choice

Which of the following are advantages of CPM/PERT?
I.Relationships among activities can be identified.
II.Slippage in project activities is no longer an issue.
III.Activities that need to be watched closely can be identified.

• A) I and II
• B) II and III
• C) III only
• D) I and III
• E) I, II, and III

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Definitions:

FVE Method

FVE Method, or Fair Value Estimation Method, involves estimating the fair value of an asset or liability, taking into account market conditions and other influencing factors.

Equity Method

An accounting technique used when a company invests in another company and has significant influence, typically reflected by owning 20% to 50% of the voting stock, whereby the investment is initially recorded at cost and subsequently adjusted for the investing company's share of the investee's net profits or losses.

Investment in Humble

A financial stake in the company Humble, potentially involving the purchase of shares or other assets to gain a financial return.

FVE Method

An accounting technique where assets and liabilities are valued and reported at their fair value for financial reporting purposes.