The project manager controls most of the project activities and functions, including the assignment and control of project resources in the:
A) Strong matrix.
B) Weak matrix.
C) Dual matrix.
D) Primal matrix.
A
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Which of the following controls related to management's asset impairment judgments does the auditor need to understand?
a. A systematic process to identify assets that are not currently in use. b. Projections of future cash flows that is based on management's strategic plans and economic conditions. c. Systematic development of current market values of similar assets prepared by the client. d. All of the above.
Which of the following strategy is used to deal with uncertainity related to a specific event?
a. Hedging. b. Cost resturcturing. c. Insurance. d. Statistical analysis
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What will be an ideal response?
A sample of 24 observations is taken from a population that has 150 elements. The sampling distribution of is
A. approximately normal because is always approximately normally distributed.
B. approximately normal because the sample size is large in comparison to the population size.
C. approximately normal because of the central limit theorem.
D. normal if the population is normally distributed.