Which of the Following Is NOT One of the Basic

question 2

Multiple Choice

Which of the following is NOT one of the basic rules to follow when developing project networks?

• A) An activity cannot begin until all preceding activities have been completed.
• B) Each activity must have a unique identification number.
• C) Conditional statements are allowed but looping statements are not allowed.
• D) An activity identification number must be larger than that of any preceding activities.
• E) Networks flow from left to right.

Recognize the relationship between break-even analysis and project payback periods.

Evaluate the effects of cost structure changes on operating cash flows.

Appreciate the relevance of contribution margin in break-even analysis.

Understand the concept of net present value (NPV) in relation to financial break-even.