At year-end, the balance in the prepaid insurance account, prior to any adjustements, is $6,000. The amount of the journal entry required to record insurance expense will be $4,000 if the amount of unexpired insurance applicable to future periods is $2,000
a. true
b. false
Ans: a. true
Business
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A local project being analyzed by PERT has 42 activities, 13 of which are on the critical path
If the estimated time along the critical path is 105 days with a project variance of 25, what is the probability that the project will be completed in 95 days or less? A) -0.4 B) 0.0228 C) 0.3444 D) 0.9772 E) 4.2
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