A Project Consists of the Following Seven Activities and Immediate

question 41

Essay

A project consists of the following seven activities and immediate predecessors: $$\begin{array} { c c } \text { Artivity } & \text { Predecegsor } \\\text { A } & \text { None } \\\text { B } & \text { A } \\\text { C } & \text { A } \\ \text { D } & \text { B } \\\text { E } & \text { B, C }\\\text { F } & \text { D, E }\\\text { G } & \text { F }\end{array}$$ Construct an AON network diagram for the project.

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Definitions:

Money

A medium of exchange that facilitates the transfer of goods and services, acting as a unit of account, a store of value, and sometimes, a standard of deferred payment.

Deposits

Money placed into a financial institution for safekeeping, which can earn interest over time.

Loans

Sums of money borrowed that are expected to be paid back with interest over a specified period.

100 Percent Reserve

A banking system where banks hold reserves equal to 100% of their deposit liabilities, meaning all deposits can be fully backed by liquid assets, reducing the risk of bank runs.