For an Activity in a CPM Analysis, the Early Finish

question 70

Multiple Choice

For an activity in a CPM analysis, the early finish time is 20 and the late finish time is 20. Which of the following statements is true?

• A) The activity's late start must happen before its early start.
• B) The activity is on the critical path.
• C) The slack for this activity is 20.
• D) The duration of this task is zero.
• E) The duration of this task is 20.

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Definitions:

90-day Note

A short-term debt instrument that matures in 90 days, often used in business for financing or investment purposes.

Interest-bearing Note

A type of promissory note or loan agreement that includes an obligation to pay a fixed or variable interest rate over the term of the loan.

Journal Entry

A record in accounting that represents a transaction in the books of accounts, detailing the financial operations of a business.

Interest Expense

The cost incurred by an entity for borrowed funds, often reported on the income statement.