PERT is a probabilistic technique, whereas CPM is a deterministic technique
Indicate whether the statement is true or false
TRUE
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The soda machines have become self aware and when they are not in use dispensing ice-cold beverages, they are busy formulating a plan for world domination. About how much time over the course of a week can they develop their battle plans?
A) 84 hours B) 89 hours C) 94 hours D) 99 hours
Under the Uniform Partnership Act (1997), partners do not have the right to
A. an equal share in the profits of the partnership. B. participate in the management of the partnership. C. receive a salary paid by the partnership. D. inspect the books and records of the partnership.
For S corporations with earnings and profits from prior C corporation years, the taxation of distributions to the shareholder is governed by rules very similar to the rules for partnerships.
Answer the following statement true (T) or false (F)
If a firm is currently profitable, then:
A) its current cash inflows must exceed its current cash outflows. B) its reported sales exceed its costs. C) its cash flows are known with certainty. D) it will always have sufficient cash to pay its bills in a timely manner. E) the timing of the related cash flows is irrelevant.