When a Project Is Classified as Resource-Constrained, a Resource Constraint

question 99

Multiple Choice

When a project is classified as resource-constrained, a resource constraint exists, and positive slack is insufficient, then the project duration is typically __________.

• A) without slack
• B) fixed
• C) extended
• D) flexible
• E) static

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Definitions:

Income Tax Expense

The cost incurred by businesses and individuals due to earnings taxed by federal, state, and local governments.

Short-Term Note Payable

A debt obligation that is due within one year or less, typically used for working capital needs or to finance short-term liquidity requirements.

Specified Amount

This term refers to a particular or agreed-upon sum of money in various financial contexts.

Income Tax Expense

The amount of money that a company reports as an expense for paying state, federal, and foreign income taxes.