Activity 4 in a Network Diagram Has an Optimistic Duration

question 30

Multiple Choice

Activity 4 in a network diagram has an optimistic duration estimate of 5 days,a most likely duration estimate of 7 days,and a pessimistic duration estimate of 10 days.The expected duration of Activity 4 is:

• A) 5
• B) 6
• C) 7
• D) 8
• E) 9

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Definitions:

Subsidiary Ledger

A subsidiary ledger is a detailed ledger containing individual accounts with a common characteristic, which is summarized and presented in a single account in the general ledger.

Control Account

A summary account in the general ledger that consolidates and reflects the total amount of transactions recorded in subsidiary ledgers for easier oversight and reconciliation.

Invoice Price

The initial quoted price on an invoice prior to deductions such as discounts, allowances, or rebates.