A Simple CPM Network Has Five Activities, A, B, C

question 102

Multiple Choice

A simple CPM network has five activities, A, B, C, D, and E. A is an immediate predecessor of B and of C. B is an immediate predecessor of D and of E. C is an immediate predecessor of E. Which of the following statements is TRUE?

• A) There are two paths in this network.
• B) There are four paths in this network.
• C) There are five paths in this network.
• D) There are three paths in this network.
• E) There are six paths in this network.

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Definitions:

Selling

Selling involves the exchange of goods or services for money or value, constituting a fundamental activity in business to generate revenue.

Administrative Expenses

Costs related to the general operation and management of a business including office supplies, salaries of non-sales personnel, and rental fees.

Installment Sales

A method of recognizing revenue from sales that are paid for over time through multiple payments.

Initial Franchise Fee

A one-time charge that a new franchisee pays to the franchiser for the rights to operate a franchise, covering initial training, support, and access to the business model.