The Longest Series of Connections in the Project Network from the Start

question 37

Multiple Choice

The longest series of connections in the project network from the start to the end of the activities is also referred to as

• A) the action path.
• B) the critical path.
• C) the master schedule.
• D) float or slack.

---

Definitions:

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Current Ratio

A financial metric used to evaluate a company's ability to pay short-term obligations, calculated as current assets divided by current liabilities.

Perpetual Inventory System

An accounting method where inventory levels are updated continuously as transactions occur.

Gross Method

An accounting practice where discounts on purchases or sales are recorded gross, without deducting any purchase or sales discounts.