Which of the Following Statements Regarding CPM Networks Is True

question 69

Multiple Choice

Which of the following statements regarding CPM networks is true?

• A) There can be multiple critical paths on the same project, all with different durations.
• B) The early finish of an activity is the latest early start of all preceding activities.
• C) The late start of an activity is its late finish plus its duration.
• D) If a specific project has multiple critical paths, all of them will have the same duration.
• E) All of the above are false.

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Definitions:

Extra Payments

Additional payments made over the required minimum payment on debts like loans or mortgages, aimed at reducing the principal balance more quickly.

Total Interest

The total amount of interest paid over the lifetime of a loan.

Life of the Loan

The duration over which a borrower is required to make payments until the loan is paid off in full.

Compounded Monthly

A process where interest earned is added to the principal, so that from that moment on, interest is earned on interest, recalculated on a monthly basis.