The Following Table of Probabilistic Time Estimates (In Weeks)and Activity

question 68

Multiple Choice

The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project.

Table 9.2
-Using Table 9.2,the expected time to complete activity A is

• A)5.00 weeks.
• B)7.33 weeks.
• C)7.67 weeks.
• D)8.00 weeks.

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Definitions:

Retained Earnings Account

An equity account that represents the accumulated profits of a company that have not been distributed to shareholders as dividends.

Income Statement Account

An income statement account is a financial account that reflects income, expenses, gains, and losses over a period, used to calculate net income.

Stock Dividend

A distribution of additional shares of a company to its shareholders instead of paying cash dividends, often used to conserve cash while still rewarding investors.

Par Value

The nominal or face value of a bond, stock, or coupon as stated by the issuer, which often bears no relation to its market value.