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Mgo634 f20 q8 Answers Fall 2015
Mgo634 f20 q8 Answers Fall 2015
a) simulations
b) assumptions
c) variances
d) summaries
a) Activity based
b) Capital
c) Operational
d) Project
b) Overhead
c) Direct
d) Indirect
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MGO 634 F20 Quiz 8 of 10 Fall 2015
4. ___________ costs are not associated with any specific product or class of products and are
typically charged as a fixed percentage of some direct cost.
b) Overhead
c) Direct
d) Indirect
5. Unless the project manager is familiar with the firm’s __________ it will be very difficult to
exercise budget control.
a) accounting system
b) budget plans
c) marketing procedures
d) cost accounting
6. The __________ form of budgeting has the advantage of using individuals closer to the work
to provide estimates of resource requirements.
a) top-down budgeting
c) bottom-up budgeting
d) iterative budgeting
7. The budget process generally begins when the top management invites each division to
submit a__________ for the upcoming year.
a) budget request
b) predictive budget
c) budget estimate
d) predictive request
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MGO 634 F20 Quiz 8 of 10 Fall 2015
8. Each time the output doubles, the worker hours per unit decrease to a fixed percentage of
their previous value. That percentage is called the __________ rate.
a) inflation
b) hurdle
c) interest
d) learning
Chapter 8: Scheduling
9. In the AOA network, circles depict ________.
a) networks
b) events
c) logical dependencies
d) dummy activities
11. Most commercially available project management software applications use the
__________.
a) GERT chart
b) Bar chart
c) AOA network
d) AON network
12. Task F has duration of 10 days and an earliest start date of 20 days. Based on the given
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MGO 634 F20 Quiz 8 of 10 Fall 2015
a) 10 days
b) 20 days
c) 30 days
d) 5 days
13. The shortest time in which the entire network can be completed is referred to as the
__________.
14. A precedence relationship where the completion of a successor activity depends on the
completion of a predecessor activity is called a __________.
a) critical path
b) scope
c) float
d) precedence
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MGO 634 F20 Quiz 8 of 10 Fall 2015
BONUS QUESTIONS:
CORRECT BONUS QUESTION ANSWER SCORES ARE ADDED TO ABOVE TOTAL QUIZ
GRADE; QUIZ GRADE NOT TO EXCEED 15/15.
B1. The use of PERT has declined sharply in recent years because a large majority of project
management software __________.
B2. A precedent relationship where the completion of a predecessor activity depends on the
initiation of a successor activity is called a __________.