A Project Whose Critical Path Has an Estimated Time of 120

question 49

Multiple Choice

A project whose critical path has an estimated time of 120 days with a variance of 100 has a 20% chance that the project will be completed before which day (rounded to nearest day) ?

• A) 98
• B) 112
• C) 120
• D) 124
• E) 220

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Definitions:

Long-Term Bonds

Bonds that are due for payment or redemption at a date more than ten years in the future, often offering a higher yield due to the increased risk.

Stocks

Shares of ownership in a company, giving shareholders a claim on the company’s earnings and assets.

Sarbanes-Oxley Act

A law passed by U.S. Congress in 2002 aimed at protecting investors from fraudulent financial reporting by corporations.

Corporate Responsibility

This term refers to the self-imposed obligation of companies to act in a manner that is socially and environmentally beneficial.