Which Type of Planning Tool Shows Each Task as a Horizontal

question 75

Multiple Choice

Which type of planning tool shows each task as a horizontal bar whose length is proportional to the time required to complete it?

• A)PERT chart
• B)Gantt chart
• C)both A and B
• D)neither A nor B

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Definitions:

Master Budget

An integrated set of financial plans that outlines a company’s financial and operational goals for a specific period, including various component budgets like sales, production, and cash budgets.

Finished Goods Inventory

The total value of all completed products that have not yet been sold by the company.

Direct Labor

The cost of wages for employees who are directly involved in the production of goods or the provision of services.

Cash Collections

The process of receiving and processing payments from customers or debtors.