When an accounting firm audits a corporation, the first phase of the audit involves obtaining knowledge of

Question:

When an accounting firm audits a corporation, the first phase of the audit involves obtaining knowledge of the business. This phase of the audit requires the activities listed in the file P15_30.xlsx.

a. Draw the AON project network and determine the critical path and the minimum number of days needed to complete the first phase of the audit.

Also, create the associated Gantt chart.

b. Assume that the first phase must be completed within 30 days. The duration of each activity can be reduced by incurring the costs listed in the file P15_30.xlsx. Find the strategy that minimizes the cost of meeting this deadline.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Practical Management Science, Revised

ISBN: 9781118373439

3rd Edition

Authors: Wayne L Winston, S. Christian Albright

Question Posted: