Use This Information to Answer the Following Questions

question 20

Multiple Choice

Use this information to answer the following questions.
Consider the following Activity-On-Node (AON) project (activity completion times are in days) .

-Refer to the figure.What are the immediate successor(s) of activity C?

• A)D
• B)E
• C)D and E
• D)A
• E)B and D

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Definitions:

Inventory Turnover

Inventory turnover is a ratio showing how many times a company has sold and replaced inventory over a period.

Operating Lease

An operating lease is a contract that allows for the use of an asset but does not transfer ownership rights of the asset to the lessee.

Capital Lease

A lease agreement that is classified as a purchase by the lessee for accounting purposes, as it transfers substantially all risks and rewards of ownership.

Expense Charged

An amount incurred by a business as a result of its operational activities.