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NEW QUESTION: 1
Which of the following statements is correct with regard to risk management?
A. The total process of risk management, which includes a related system of internal control, is the responsibility of the board.
B. The chief audit executive is accountable to the board for designing, implementing and monitoring the risk management process.
C. The finance director is responsible for the overall implementation of the risk management process.
D. The board's responsibility for risk management cannot be assigned to a board committee, such as a board risk committee.
Answer: A
NEW QUESTION: 2
If, when developing your project schedule, you want to define a distribution of probable results for each schedule activity and use that distribution to calculate another distribution of probable results for the total project, the most common technique to use is______________
A. PERT
B. Linear programming
C. Monte Carlo analysis
D. Concurrent engineering
Answer: C
Explanation:
Explanation/Reference:
Explanation:
What-if scenarios (simulation) is a tool and technique for developing schedules by which multiple project durations with different sets of activity assumptions are calculated. Monte Carlo analysis is the most commonly used simulation technique.
NEW QUESTION: 3
Drag and drop the TCP/IP protocols from the left onto the transmission protocols on the right
Answer:
Explanation:
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