Briefly describe the purpose and origins of the CPM and PERT project management techniques.

What will be an ideal response?


A successful answer will indicate that both techniques are used to develop project schedules. The CPM method is used when activity durations are deterministic, while the PERT approach is used when activity durations are stochastic. Both methods have their historical origins that should be identified.

Business

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During a period of rising prices, the inventory costing method that will result in the lowest amount of net income is:

a) fifo b) lifo c) average cost d) perpetual

Business

Which of the following is a basic objective of the 1933 Securities Act?

a. To provide investors with material information concerning securities offered for sale to the public. b. To prohibit misrepresentation, deceit, and other fraudulent acts and unfair practices in the sale of securities generally, whether or not they are required to be registered. c. Both of these. d. Neither of these.

Business

In a living-document view, the U.S. Constitution is a document that: A) is clear in allocating the rights and responsibilities of people and our government

B) can be interpreted only according to the bedrock principles of 1776. C) can be interpreted only in accordance with current values. D) must be interpreted to accommodate both stability and flexibility.

Business

An employer may not discriminate against a person with an impairment who is unable to perform a specific job

Indicate whether the statement is true or false

Business