A Simple Project Listing of Five Activities,their Predecessors and Their

question 4

Multiple Choice

A simple project listing of five activities,their predecessors and their respective time estimates are presented below: $\begin{array}{|l|l|l|}\hline \text { Activity } & \text { Immediate Predecessor } & \text { Time in Days } \\\hline \text { A } & \text { None } & 3 \\\hline \text { B } & \text { A } & 2 \\\hline \text { C } & \text { A } & 1 \\\hline \text { D } & \text { B and C } & 3 \\\hline \text { E } & \text { D } & 4 \\\hline\end{array}$
Using the Single Time Estimate CPM procedure,what is the Latest Finish Time for the last activity in this project (i.e. ,the total time to complete the project) ?

• A)10 days
• B)7 days
• C)8 days
• D)12 days
• E)9 days

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Definitions:

Marginal Tax Rate

The percentage of tax applied to your income for each additional dollar of income, representing the rate at which your last dollar of income is taxed.

Progressive Tax

A taxation system where the tax rate increases as the taxable amount or income increases, often aimed at fairness and equity.

Payroll Taxes

Financial impositions on either employees or the companies that employ them, often gauged as a portion of the wages that employees receive.

Federal Tax Revenue

Federal Tax Revenue is the income collected by the government through various forms of taxes, including income tax, corporate tax, and other taxes, funding government operations and services.