Which of the Following Statements Regarding Gantt Charts Is True

question 110

Multiple Choice

Which of the following statements regarding Gantt charts is true?

• A)Gantt charts give a timeline and precedence relationships for each activity of a project.
• B)Gantt charts use the four standard spines of Methods,Materials,Manpower,and Machinery.
• C)Gantt charts are visual devices that show the duration of activities in a project.
• D)Gantt charts are expensive.
• E)All of the above are true.

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Definitions:

Balance Sheet

A record that consolidates information about a company's assets, financial obligations, and the equity portion attributable to shareholders at a distinct time.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time, resulting in net profit or loss.

Proprietorship

A business owned and operated by a single individual, where there is no legal distinction between the owner and the business entity.

Owner's Equity Statement

A financial document that details changes in the equity of a business's owner(s) over a period of time.