The return on sales ratio is a variation of the profit margin ratio

Which would be considered acting in a lawful position as an intermediary?

A) A broker acting as an appointed licensee for both the buyer and seller B) Appointed licensees communicating with and carrying out the instructions of different principals in one transaction C) A broker acting as intermediary disclosing to the buyer the lowest price a seller will consider D) A broker obtaining verbal permission to act as an intermediary

The first step in earned value management is to:

A) Create the activity and resource usage schedules. B) Develop a time-phased budget that shows expenditures across the project's life. C) Total the actual costs of doing each task to arrive at the actual cost of work performed. D) Clearly define each activity that will be performed including its resource needs and budget.