Explain why the critical path is the longest, not the shortest, path through a network
What will be an ideal response?
The critical path is that set of activities in a project network that controls the duration of the entire project. The controlling element to completion of all activities is the longest path; any shorter path will not allow for all activities to be completed.
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The acid-test ratio is a more stringent measure of liquidity than the cash ratio
Indicate whether the statement is true or false
Tax laws passed by Congress may be "crushing" in impact on business, according to the Supreme Court, and still be constitutional
a. True b. False Indicate whether the statement is true or false
In general, the binomial probability P(X ? x) is approximated by the area under the normal curve to the left of x + .5
Indicate whether the statement is true or false