Multiple Choice Answers

1. The two largest metropolitan areas in Canada are Toronto and
A. Ottawa.
B. Vancouver.
C. Edmonton.
D. Montréal.
2. Which of the following is the primary aim of the Parti Québécois?
A. Improving economic opportunities for French-speaking Canadians
B. Garnering higher income from the operation of the St. Lawrence Seaway
C. Establishing Quebec as an independent country
D. Secession from Canada in order to become a Department of France

3. Which of the following were the main proponents of NAFTA?
A. Environmentalists
B. Large corporations
C. Labor unions
D. Human rights groups

4. _______ refers to a series of vertical zones with distinctive climate and vegetation regimes.
A. Temperature inversions
B. Altitudinal zonation
C. Urban expanses
D. Sedimentation
5. _______ is one of the first Latin American countries to have a separate ministry of tourism with
dedicated funds within its federal governmental structure.
A. Mexico
B. Guatemala
C. Chile
D. Paraguay
6. In Brazil, the indigenous population was around 3.5 million before the arrival of Europeans. Today, the indigenous population is around 2 million.
A. 500,000.
B. 200,000.
C. 2 million.
D. 1.5 million.
7. Among the northern Andean countries strongly involved in the illegal coca and drug trade, __________
is now the predominant coca producer.
A. Ecuador
B. Colombia
C. Bolivia
D. Peru

8. In the 1950s, 40 percent of the U.S. workforce was engaged in manufacturing. By the 2000s, fewer than
________ percent of U.S. workers were employed in manufacturing.
A. 15
B. 1
C. 5
D. 7
9. In the post-industrial era, an edge city is a/an
A. complex of warehouses, shopping malls, and offices located along traffic routes.
B. large suburban development mainly occupied by commuters.
C. urbanized development that is an extension of a megalopolis.
D. merger of several residential suburbs into one entity.
10. Which of Canada’s Atlantic Provinces has jurisdiction over mainly uninhabited Labrador?
A. Prince Edward Island
B. Nova Scotia
C. Newfoundland
D. New Brunswick
11. In the Caribbean, Puerto Rico and Jamaica are islands of the
A. Windward Islands.
B. Greater Antilles.
C. Lesser Antilles.
D. Leeward Islands.
12. In the South American Andes, the altiplano between the Cordillera Oriental and the western Cordillera Occidental is widest in
A. Peru.
B. Chile.
C. Ecuador.
D. Bolivia.
13. Immigration currently accounts for about _______ of U.S. population growth.
A. three-quarters
B. a quarter
C. one-third
D. one-half
14. In Mexico, the expression Porfiriato refers to
A. the end of the political dominance of the PRI in July 2000.
B. the revolution of 1911 that overthrew Diaz.
C. any kind of authoritarian political oppression.
D. the oppressive rule of Porfirio Diaz.
15. Which of the following is the primary subsistence crop in Latin America?
A. Beans
B. Potatoes
C. Wheat
D. Corn
16. In the United States, as of 2009, which of the following was the largest and fastest-growing immigrant
group?
A. Eastern Europeans and Russians
B. Western Europeans
C. Asians
D. Hispanics
17. Which of the following is not a leading urban center in Venezuela?
A. Maracaibo
B. Valencia
C. Salvador
D. Caracas
18. Which of the following statements about Southern South America is true?
A. Uruguay has the lowest level of urbanization of any mainland Latin American country.
B. The Argentine economy was devastated by the end of 2001 due to multiple factors.
C. Paraguay is the smallest country of the subregion.
D. Influence of Roman Catholicism has sharply declined in Argentina.
19. To avoid risks associated with tornadoes, lightning, and hurricanes, in the United States you should
steer clear of
A. Nevada.
B. Minnesota.
End of exam
C. Florida.
D. Pennsylvania.
20. Regarding tropical rainforests, the term evapotranspiration refers to the fact that
A. deforestation causes a decline in atmospheric oxygen.
B. the humidity of rain forests can produce local and regional precipitation.
C. deforestation causes a loss of soil fertility due to water evaporation.
D. trees absorb carbon dioxide and “exhale” oxygen.

Question 1
Why is it necessary to consider the learning curve of resources on a project?
A. To estimate labor costs properly
B. To improve project team morale
C. To determine the number of individuals needed for a project
D. Collective bargaining contracts require it

Question 2
The budgeting approach based on the collective judgments of top and middle managers is called:
A. top-down budgeting.
B. bottom-up budgeting.
C. activity budgeting.
D. program budgeting.

Question 3
Which of the following does NOT require further analysis after major risks are identified using scenario analysis?
A. Probabilities of each outcome
B. Expected timing of each outcome
C. Probability of each risk event occuring
D. Expected involvement from the project team

Question 4
A problem with bottom-up budgeting is:
A. individual team members may overstate their budget needs.
B. lack of involvement from the project team.
C. underestimating the project task’s budget requirements.
D. project manager must rely on the accounting department to make special allowances for his/her project.

Question 5
Traditional organizational budgets are typically __________ oriented.
A. program
B. expense
C. activity
D. operationally

Question 6
The name given to the budgeting process that aggregates income and expenditures across projects is:
A. activity-oriented budget.
B. top-down budget.
C. bottom-up budget.
D. program-oriented budget.

Question 7
The first unit requires 10 hours to complete. If the industry uses an 80 percent learning rate, how long should the third unit take?
A. 10 hours
B. 9 hours
C. 8 hours
D. 7.02 hours

Question 8
The first unit required 6 hours. If the industry uses a 90 percent learning rate, how long should the fourth unit take?
A. 6 hours
B. 4.86 hours
C. 3.75 hours
D. 3.34 hours

Question 9
FMEA stands for:
A. Financial Methods and Efficiency Analysis.
B. Failure Modes and Effect Analysis.
C. Full Monetary Expenditure Accrual.
D. Financial Measurement of Expenses Accrued.

Question 10
Which of the following is most closely associated with FMEA?
A. Risk priority number
B. Game theory
C. Expected value
D. Simulation

Question 11
Which of the following is NOT a subprocess associated with risk management?
A. Risk identification
B. Risk measurement
C. Qualitative risk analysis
D. Risk response planning

Question 12
Which of the following is NOT true regarding top-down budgeting?
A. It is based on the collective judgments of top and middle managers.
B. Overall project costs are estimated by top and middle managers and then passed on to the next lower level.
C. The overall budget cost is generally not very accurate.
D. Overlooking small but important tasks can lead to a serious budgetary problem.

Question 13
Which of the following is NOT true regarding bottom-up budgeting?
A. The method tends to be inaccurate in the detailed tasks.
B. The WBS is used to identify the elemental tasks.
C. It is rarely used.
D. It is a good managerial training technique.

Question 14
A task is expected to take 20 hours of labor at $25 per hour. The required material cost is $500, and the organization charges 30% of direct labor for overhead. The total task cost is:
A. $500
B. $1,150
C. $1,250
D. $1,500

Question 15
There is a 30 percent chance that a new product development project will result in sales of $500,000 and a 70 percent chance that the project will result in sales of $100,000. What is the expected value of this project?
A. $220,000
B. $240,000
C. $300,000
D. $320,000