The Normal Distribution Tends to Be a Better Approximation of the Distribution

question 29

True/False

The normal distribution tends to be a better approximation of the distribution of total time for shorter projects where the critical path has relatively few activities.

---

Definitions:

Liability Account

An accounting record that captures the amounts owed by a business to others, representing its debts or obligations.

Double-Entry System

An accounting system that records each transaction twice, as debits in one account and credits in another, to ensure the accounting equation remains balanced.

Accounting Equation

The fundamental equation stating that Assets = Liabilities + Equity, which is the basis of the double-entry bookkeeping system.

Accounts Payable

Liabilities of a business that are owed to creditors for goods and services purchased on credit but not yet paid.