The forward pass in project network calculations determines all of the following EXCEPT
A. Earliest time an activity can finish.
B. Earliest time an activity can begin.
C. The critical path.
D. Duration of the project.
E. How soon the project can finish.
Answer: C
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Which of the following is true regarding the remeasurement of inventories upward to an amount exceeding their acquisition cost?
a. Acquisition cost leads to a more conservative measure of inventories and net income during the periods prior to sale. b. An increase in the market value of inventory likely permits the firm to raise its selling price. c. The firm realizes the benefit of that increase in the period of sale when the firm actually obtains a higher selling price. d. Both U.S. GAAP and IFRS delay recognition of any increase in inventory valuation in net income until the period of sale. e. all of the above
Use a point (period) as the decimal marker, and use spaces to separate long numbers into easily readable groups ________________
a. of similar numbers b. on a single page c. of three d. of five
Since tone is important in a claim refusal, what should the sender strive to do?
a. State the reason for the refusal objectively and positively. b. Cast blame or judgment on the customer. c. State what the receiver should have done to avoid the problem. d. Enforce the company's policy.
In U.S., during the past 75 years, on an average the return on U.S. Treasury bills has exceeded the inflation rate
Indicate whether the statement is true or false