Which of the Following Is NOT a True Statement Regarding

question 60

Multiple Choice

Which of the following is NOT a true statement regarding Network diagrams?

• A) All activities with a slack time equal to zero are on the critical path.
• B) Nodes not on the critical path can be delayed (for some amount of time) without delaying the final completion of the project.
• C) The latest expected completion time refers to the time in which an activity can be completed without delaying the project.
• D) To construct a Network diagram, a horizontal bar is drawn for each activity that reflects its sequence and duration.
• E) The critical path of a Network diagram is represented by the sequence of connected activities that produce the longest overall time period.

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Definitions:

Sales

The total amount of revenue generated by the selling of goods or services related to a company's primary operations.

Routine Pricing

A method where prices are set based on standard costs plus a fixed profit margin, commonly used in consistent market conditions.

Variable Costs

Costs that vary directly with the level of production or sales volume.

Period Cost

Costs that are expensed in the period in which they are incurred, not directly tied to production activities.