Which of the Following Indicates the Critical Path Needed for the Completion

question 114

Multiple Choice

Which of the following indicates the critical path needed for the completion of large projects?

• A) Master schedule
• B) Coordination schedule
• C) Gantt chart
• D) Detailed schedule
• E) PERT chart

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Definitions:

Sales Returns and Allowances

Accounts that reduce total sales revenues on the income statement due to returned or damaged goods, or price allowances granted to customers.

Contra-Revenue Account

An account in the general ledger that reduces the total gross revenues reported by the business, including returns, allowances, and discounts.

Sales Discounts

Reductions in the price of goods or services offered to customers to encourage prompt payment or as part of a sales promotion.

Control Account

An account used in the general ledger to summarize transactions detailed in subsidiary ledgers for efficient reporting and verification purposes.