The greatest project risk occurs when:

A) The probability of the event is high and the consequences of the event are high.
B) The probability of the event is high and the consequences of the event are low.
C) The probability of the event is low and the consequences of the event are high.
D) The probability of the event is low and the consequences of the event are low.


A

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The pleading that states the defendant's defense against the plaintiff's claims is the

A. prayer. C. bill of particulars. B. answer. D. complaint.

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A risk associated with the parallel installation approach is that there may be a delay until benefits result

Indicate whether the statement is true or false

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Marla Smith, an employee of Clown College, earned $127,000 prior to December. Smith's salary for December is $10,000. For what amount will Smith's December salary be subject to OASDI tax and HI tax, respectively.

A) OASDI $14,000; HI $14,000 B) OASDI $14,000; HI $10,000 C) OASDI $10,000; HI $14,000 D) OASDI $10,000; HI $10,000

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Mr. and Mrs. Nestor were assessed a $51,240 income tax deficiency. Which of the following statements isĀ false?

A. If the Nestors don't have sufficient assets to pay the deficiency, the IRS may allow them to pay it off over time under an installment plan. B. Mr. and Mrs. Nestor are jointly and severally liable for the tax deficiency because they both signed their tax return. C. If the Nestors don't have sufficient assets to pay the deficiency, the IRS may negotiate an offer in compromise for a lesser payment. D. If the Nestors don't have cash on hand to pay the deficiency, the IRS can't force them to sell assets to raise the cash.

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