Which of the Following Is True About Estimations of Activity

question 67

Multiple Choice

Which of the following is true about estimations of activity durations?

• A) The person responsible for the work will most likely exclude extra time.
• B) The person with the most knowledge is the most objective person to provide duration estimates.
• C) The larger and more complex the project, the greater the need for detail, which usually translates into longer durations for activities.
• D) Multiple inputs into the duration estimate increase bias.
• E) The accuracy of an estimate is related to the quality of the knowledge and how that knowledge is applied.

---

Definitions:

Face Value

The nominal value stated on a financial instrument, such as a bond or stock certificate, representing the amount due at maturity.

Coupon

In finance, a coupon refers to the interest payment received by a bondholder from the bond issuer at specified intervals.

Yield To Maturity

The total return expected on a bond if it is held until its maturity date, considering all interest payments and capital gains or losses.

Market Price

The present market valuation at which an asset or service can be sold or bought.