Consider the Following Network Diagram [Insert Network Diagram from Top

question 6

Multiple Choice

Consider the following network diagram [insert network diagram from top of p555]. Which of the following statements is TRUE?

• A) Activity F can start when Activity D is finished
• B) Event 3 is complete when Activity B is complete
• C) Activity E must wait for both Activity B and Activity C to finish
• D) Activity B can start when half of Activity A is complete

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Definitions:

Operating Activities

Refers to the primary revenue-generating activities of a business, such as sales, service, and associated costs, which are reported in the cash flow statement.

Cash Payment

A transaction in which goods or services are paid for using physical currency or digital equivalents, immediately transferring value.

Wages

Compensation paid to employees for their labor, typically calculated on an hourly, daily, or piecework basis.

Financial Statements

Financial Statements are formal records of the financial activities and position of a business, person, or entity, including the balance sheet, income statement, and cash flow statement.