During Initial Project Planning,activities Are Identified and Sorted

question 39

Multiple Choice

During initial project planning,activities are identified and sorted.In completing this process,each level in the hierarchy should limit the number of activities to a range between __________.

• A)5 to 10 activities
• B)0 to 5 activities
• C)2 to 20 activities
• D)10 to 20 activities

---

Definitions:

Finance Charges

The cost of borrowing money, including interest and other fees.

Accounts Receivable Turnover

A financial ratio that measures how effectively a company collects cash from its credit sales by comparing net credit sales with the average accounts receivable.

Average Collection Period

The average amount of time it takes for a business to receive payments owed by its customers for goods or services sold on credit.

Net Sales

The total revenue from sales of goods or services, less returns, allowances for damaged or missing goods, and discounts.