A critical activity is
a. an activity that consumes no time but shows precedence between events.
b. a milestone accomplishment within the project

c. an activity with zero slack.
d. the beginning of an event.


c

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Owen, a British citizen, and Trevor, a U.S. citizen, are employees of an electronics manufacturing company headquartered in London. While Owen works out of the London office, Trevor operates out of New York. Which statement is true in this scenario?

A. Owen is a parent-country national. B. Owen is a host-country national. C. Trevor is a third-country national. D. Owen and Trevor are expatriates. E. Trevor is a home-country national.

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When an investor owns less than 20% of another company's stock, it is presumed to have insignificant influence.

Answer the following statement true (T) or false (F)

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U.S. GAAP and IFRS require firms to report trading securities at _____

a. net realizable value on the balance sheet b. fair value on the balance sheet c. present value on the balance sheet d. fair value on the income statement e. present value on the income statement

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Paul, a contractor, has a contract to build a new office building for Bill. The contract contains a provision requiring Paul to furnish a certificate of occupancy from the building inspector before Bill is required to pay. This provision is:

a. an express condition. b. an implied-in-fact condition. c. an implied-in-law condition. d. a condition subsequent.

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