The Assumption That All Immediately Preceding Activities Must Be 100

question 96

Multiple Choice

The assumption that all immediately preceding activities must be 100% complete is too restrictive in some situations. When an activity is broken down into smaller segments in order to start the succeeding activity sooner, this is called

• A) hammock activities.
• B) concurrent engineering.
• C) a forward pass.
• D) dissecting.
• E) laddering.

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Definitions:

Certificate of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by a bank.

Principal

A primary party to a transaction, such as the chief participant in a business or the main amount of a loan.

Foreign Currency

Currency used in a country other than the one in which it is being considered, which usually requires exchange for use.

Negotiable

Capable of being transferred or sold with ease and typically refers to financial instruments subject to certain conditions.