Which of the Following Statements Is TRUE About the Points

question 31

Multiple Choice

Which of the following statements is TRUE about the points system?

• A) Points are assigned by the clients at the beginning of the project.
• B) The most difficult task is assigned a point score of 1.
• C) Consecutive integers are used to award point scores to tasks.
• D) Points estimate the relative difficulty, rather than the relative duration of tasks.

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Definitions:

Current Assets

Resources anticipated to be liquidated, disposed of, or used up within a year or throughout the usual business cycle.

Long-term Investments

Assets that a company intends to hold for more than one fiscal year, including stocks, bonds, real estate, and other financial instruments.

Intangible Assets

Non-physical assets that have value, such as intellectual property, brand recognition, and patents.

Prepaid Expenses

Payments for goods or services that will be received in the future, which are recorded as assets until they are actually used or consumed.