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How Is the Expected Completion Time of a Project Activity

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Essay

How is the expected completion time of a project activity, and of a PERT project, computed?

Understand the concept of conflict of interest and its implications in business decisions.
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Definitions:

Internal Controls

Procedures and policies implemented by a company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.

Independent

Free from external control or influence; not connected or dependent on something else.

Internal Control Systems

Processes and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Financial Results

The outcomes of a company's operations and activities in terms of profit or loss, revenue, and expense over a specific period.

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