The cost associated with the shortest possible duration for a project activity is referred to as the?
a. Reduced cost
b. Shortest cost
c. Crash cost
d. Activity cost
c. Crash cost
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The extent to which a firm adjusts net income for changes in noncurrent assets and noncurrent liabilities in deriving cash flow from operations depends on the nature of its operations. _____ usually show an addback for deferred tax expense, whereas firms that _____ show a subtraction
a. Rapidly growing firms; have operating losses b. Firms that have operating losses; are profitable c. Profitable firms; have operating losses d. Firms that stop growing or that shrink; rapidly growing firms e. Rapidly growing firms; stop growing or that shrink
Which of the following statements about an investment center is true?
a. Many investment centers are independent, freestanding divisions. b. When lower level managers work to make their own unit look good rather than working for the best interest of the company, that situation is called suboptimization. c. Frequently, cost center managers will assign the cost incurred in cost centers to operating areas through a process of support departmental cost allocation. d. All of the above statements are true.
Agile methods appear to work best on small projects that require only five to nine dedicated team members to complete the work.
Answer the following statement true (T) or false (F)
An assembly drawing:
A) shows, in schematic form, how the product is assembled. B) shows an exploded view of the product. C) lists the operations, including assembly and inspection, necessary to produce the component with the material specified in the bill of material. D) provides detailed instructions on how to perform a given task. E) describes the dimensions and finish of each component.