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NEW QUESTION: 1
Which of the following statements are FALSE regarding Monte Carlo analysis?
A. Monte Carlo is simulation technique that can help quantify risks associated with the project
B. Monte Carlo analysis used expected value (EV) calculations as one of its inputs
C. Monte Carlo is used to determine potential project outcomes by simulating the project under different scenarios
D. Monte Carlo analysis can be used during the Schedule Development and Quantitative Risk Analysis process
Answer: B
NEW QUESTION: 2
X, Y and Z are the only shareholders in XYZ Ltd each holding 1,000 ordinary £1 shares. X is the only director of the company. The articles of association of XYZ Ltd provide that "in the event of any proposal to dismiss a director by ordinary resolution, the votes of the director are to count 3 times." Which ONE of the following is CORRECT?
A. The company would be able to pass a special resolution removing the provision in the articles and then dismiss X by passing an ordinary resolution.
B. The clause in the articles cannot be used by X as it is not an ordinary membership right.
C. X will be able to rely on the provision in the articles and outvote any proposal to dismiss him as a director.
D. The provision in the articles is void as it effectively means that X is irremovable as a director of XYZ Ltd.
Answer: C
NEW QUESTION: 3
A. Option B
B. Option C
C. Option D
D. Option A
Answer: A,B,C
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