A Critical Path Refers To

question 47

Multiple Choice

A critical path refers to:

• A) a sequence of task activities whose order and durations indirectly affect the completion date of a project.
• B) a sequence of task activities whose order and durations directly affect the completion date of a project.
• C) a sequence of task activities whose order must be performed in parallel.
• D) a sequence of task activities whose duration cannot last more than 40 percent of the time allotted to the project.
• E) none of the above.

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Definitions:

Payroll Tax Expense

Taxes that employers are required to pay based on the salary and wages paid to employees, including social security and Medicare taxes in the United States.

SUTA Payable

A liability account in the general ledger that records amounts owed to the state unemployment insurance program, to be paid by employers.

Social Security Tax

A payroll tax paid by employees and employers to fund the Social Security program, which provides retirement, disability, and survivorship benefits.

Time Card

A record of the hours worked by an employee, used to calculate payroll and ensure compliance with labor laws.