Which of the Following Statements Is True About the Least-Number-Of-Following-Tasks

question 42

Multiple Choice

Which of the following statements is true about the least-number-of-following-tasks rule?

• A)assigns tasks in order of the most number of following tasks
• B)assigns tasks in order of the tasks with the longest operating time
• C)assigns tasks in order of the tasks with the shortest operating time
• D)assigns tasks in order of the least number of following tasks

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Definitions:

Restricted Policy

A policy under which holdings of cash, securities, inventories, and receivables are minimized.

Relaxed Policy

A policy under which relatively large amounts of cash, marketable securities, and inventories are carried and under which sales are stimulated by a liberal credit policy, resulting in a high level of receivables.

Interest Expense

Interest Expense is the cost incurred by an entity for borrowed funds, often reflected in the income statement as a cost of financing activities.

Gross Working Capital

The total of all current assets of a company, indicating the liquid assets available for running day-to-day operations.