Use the Gantt Chart and Activity List to Determine Which

question 106

Multiple Choice

Use the Gantt chart and activity list to determine which resource is used the least.

• A)Resource 1
• B)Resource 2
• C)Resource 4
• D)Resource 5

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Definitions:

Fixed Assets

Long-term tangible assets used in operations and not expected to be converted to cash in the short term, such as buildings and machinery.

Accumulated Depreciation

The cumulative depreciation expense recorded for an asset from the time it was brought into service.

Current Market Values

The present value of an asset or company based on what it could be sold for in the current market.

Replacement Costs

The current cost of replacing an asset with a new one of similar kind and quality at current prices.