Estimating the Number of Work Periods That Will Be Needed

question 52

Multiple Choice

Estimating the number of work periods that will be needed to complete individual schedule activities characterizes which of the following time management processes?

• A) Define activities
• B) Sequence activities
• C) Estimate activity duration
• D) Create WBS

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Definitions:

Tax Liability

The total amount of tax owed to the IRS by an individual or business for a given tax year.

Income Tax Formula

The calculation used to determine the amount of income tax that an individual or entity owes to the government.

Taxpayers

Persons or organizations required to remit taxes to a government at the federal, state, or local level.

Tax Credits

Amounts that taxpayers can subtract directly from the taxes they owe to the government, rather than from taxable income.