The time an activity will take assuming very unfavorable conditions is:
A) the optimistic time.
B) the pessimistic time.
C) the activity variance.
D) the minimum time.
E) exactly twice as long as the expected time.
B
Business
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Under what type of land contract does a trustee have the power to foreclose if the buyer stops making payments?
a. Straight b. Wrap-around c. Typical d. Power of sale
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An overstatement of ending inventory in Period 1 would result in income of Period 2 being
a. overstated. b. understated. c. correctly stated. d. The answer cannot be determined from the information given.
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