The critical path in a PERT chart represents:

A. The most important tasks of the whole project.
B. The path of processes that is critical for system adoption.
C. The tasks that must be completed without errors.
D. The longest path of tasks needed for project completion.


Answer: D

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Limited liability is an advantage of the sole proprietorship

Indicate whether the statement is true or false.

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A. public accountant. B. managerial accountant. C. government accountant. D. forensic accountant.

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Jane received a check as payment for her performance at a night club. In turn, she gives the check to Paul as a gift, but the check turns out to be worthless when he tries to cash it 45 days later. Does Paul have a claim against Jane?

A)Yes, because he is the holder of the instrument. B)No, because warranties apply only if the instrument has been transferred for consideration. C)No, because he did not make a warranty claim within 30 days. D)Yes, because Jane should have made sure the check was valid before she gave it to Paul.

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