Which of the following presents what the effects on historical financial data might have been if a consummated transaction had occurred at an earlier date?

Which of the following is true of the relationship between partners?

A) In most general partnerships, each partner has two votes in decisions pertaining to the management of the business. B) Each partner should have a fiduciary relationship with the partnership. C) Decisions pertaining to merging with another partnership should never be decided by a unanimous vote. D) The duty of loyalty and a duty of good faith and fair dealings by partners are established by the Uniform Partnership Act.

Pessimistic time refers to:

A) the maximum period of time for an activity to be completed. B) the minimum period of time for an activity to be completed. C) the planner's "best guess" of the amount of time the activity actually will require for completion. D) the maximum period of time for an entire project to be completed. E) the average period of time for an activity to be completed.