Contract requirements state that a project must be completed within 180 working days, or it will incur penalties for late completion
Analysis of the activity network reveals an estimated project time of 145 working days with a project variance of 400. What is the probability that the project will be completed before the late-payment deadline?
A) 0.0401
B) 0.4599
C) 0.8056
D) 0.9599
E) near 1.0000, or almost certain
D
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New projects or products can have an indirect effect on the firm as well as a direct effect. Which of the following appears to be an indirect effect of launching a new product?
A) additional machinery must be purchased. B) additional working capital is required. C) sales of our similar product will decline. D) the sales force will need to be increased.
Employees of which of the following generally may participate in a tax-sheltered annuity (TSA) plan?
A) Public school systems B) Manufacturing plants C) Professional sports teams D) Professional partnerships