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ASAP A cost that varies proportionately with increases in activity is called: a) a variable cost. b) a fixed cost. Q.32: The breakeven point is

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A cost that varies proportionately with increases in activity is called: a) a variable cost. b) a fixed cost. Q.32: The breakeven point is the level of activity (units) at which: a) Revenues equal contribution. b) Variable costs equal fixed costs. Q.33: The balance sheet equation is: a) Liabilities +shareholder equity Assets b) Shareholder equity - Liabilities - Assets Q.34: What does PERT stand for? a) Program Evaluation and Rate Technology b) Program Evaluation and Robot Technique c) a semi-variable cost. d) none of the above. c) Total revenue equal costs. d) Fixed costs equal contribution. c) Shareholder equity+ cash - Assets d) Assets-Liabilities-Shareholder equity c) Program Evaluation and Robot Technology d) Program Evaluation and Review Technique 2.35: What does CPM stand for? a) Critical Path Method b) Control Path Method c) Critical Plan Management d) Control Path Management Q.36: In PERT scheduling technique, the shortest possible time in which an activity can be achieved under ideal circumstances is. a) Pessimistic time estimate b) Optimistic time estimate c) Expected time estimate d) The most likely time estimate Q-37: According to the time estimates made by the PERT planners, the maximum time that would be needed to complete an activity is called as: a) The most likely time estimate b) Optimistic time estimate c) Pessimistic time estimate d) Expected time estimate Q.38: The difference between the maximum time available and the actual time needed to perform an activity is known as: Total float a) Free float d) Half floati b) Independent float Q.39: A program is usually a group of: c) related projects d) unrelated projects a) Plans b) people and work Q.40: Activities A, B, and C are the immediate predecessors for Y activity. If the earliest finishing time for th three activities are 12, 15, and 10, then what will be the earliest starting time for Y? c) 12 d) Cannot be determined a) 10 b) 15

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