The length of time expected to complete an activity assuming that its development proceeds normally is called the:
A) Optimistic duration.
B) Pessimistic duration.
C) Most likely duration.
D) Normal duration.
C
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An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during theweek. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $110;cumulative earnings for the year prior to this week, $24,500; Social security tax rate, 6%; and Medicare tax rate,1.5%; state unemployment compensation tax, 3.4% on the first
$7,000; federal unemployment compensation tax,0.8% on the first $7,000 . What is the net amount to be paid to the employee? a. $569.87 b. $539.00 c. $625.00 d. $544.88
Which of the following accounts would not be closed to Income Summary during the year-end closing process?
A) Loss on Sale of Land B) Prepaid Rent C) Freight-In D) Sales Discounts
The most frequent victims of program viruses are microcomputers
Indicate whether the statement is true or false
On the chart of accounts, the balance sheet accounts are normally listed in the following order
A) liabilities, assets, owner's equity B) assets, liabilities, owner's equity C) owner's equity, assets, liabilities D) assets, owner's equity, liabilities