An Advantage of ________ Is That They Allow Easy Identification

question 12

Multiple Choice

An advantage of ________ is that they allow easy identification of the order of precedence and easy determination of slack time.

• A) PERT diagrams
• B) Gantt chart
• C) design diagram
• D) database design

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Definitions:

Accounts Receivable Turnover Calculation

A financial ratio that measures how efficiently a company collects revenue from its credit sales by dividing total net sales by the average accounts receivable during a period.

Credit Sales

Sales transactions where the customer is allowed to purchase goods or services on account, paying the seller at a later date.

Cash Sales

Transactions where goods or services are paid for and received at the time of sale, using cash or equivalent forms of payment.

Accounts Receivable Turnover Ratio

A financial metric that measures how efficiently a company collects cash from its credit sales by dividing net credit sales by the average accounts receivable during a period.