Assume That Activity G Has the Following Times: Early Start

question 60

Multiple Choice

Assume that activity G has the following times: Early start time = 7 days
Early finish time = 13 days
Late start time = 15 days
Late finish time = 21 days
Which of the following statements is True about activity G?

• A) Activity G takes 14 days to complete.
• B) Activity G has a slack time of 8 days.
• C) Activity G is on the critical path.
• D) Activity G takes 2 days to complete.

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Definitions:

Costing System

A method for assessing and allocating costs of production, typically involving direct costs, indirect costs, and overheads.

Washing Mitt

A tool made of soft material used for washing surfaces, typically vehicles, without causing scratches.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the activities they require.

Activity Rate

A predetermined overhead rate in activity-based costing. Each activity cost pool has its own activity rate which is used to apply overhead to products and services.