Project planning is the first phase of the project management process in which activities are performed to assess the size, scope, and complexity of the project and to establish procedures to support later project activities

Indicate whether the statement is true or false


FALSE
Explanation: The first phase of a project is initiation.

Business

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Which of the following is a definition of expenses that clearly represents an asset-liability approach?

a. Expenses are outflows or other using up of assets or incurrence of liabilities (or a combination of both) during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity’s major or central operations. b. Expenses are costs directly associated with the revenue of the period. c. Expenses are gross decreases in assets or gross increases in liabilities recognized and measured in conformity with generally accepted accounting principles that result from those types of profit-directed activities of an enterprise. d. Expenses in the broadest sense include all expired costs which are deductible from revenues.

Business

If accounts payable is $1,116 and cost of goods sold is $11,315, what is days' payable outstanding?

A. 36 days B. 45 days C. 30 days D. 33 days E. 40 days

Business

One of the consequences of multicollinearity in multiple regression is biased estimates on the slope coefficients

Indicate whether the statement is true or false

Business

An analyst wants to use the Black-Scholes model to value call options on the stock of Heath Corporation based on the following data: ? The price of the stock is $40.? The strike price of the option is $40.? The option matures in 3 months (t = 0.25).? The standard deviation of the stock's returns is 0.40, and the variance is 0.16.? The risk-free rate is 6%.Given this information, the analyst then calculated the following necessary components of the Black-Scholes model: ? d1 = 0.175? d2 = ?0.025? N(d1) = 0.56946? N(d2) = 0.49003N(d1) and N(d2) represent areas under a standard normal distribution function. Using the Black-Scholes model, what is the value of the call option?

A. $2.81 B. $3.12 C. $3.47 D. $3.82 E. $4.20

Business