The Baker County Government Has Decided to Redo the Street

question 57

Multiple Choice

The Baker county government has decided to redo the street and plans to block the street off which causes considerable inconvenience to people. The critical path method (CPM) project has three sequential (in series, that is "i" is first, then "ii" and finally "iii.") paths defined as follows: (i) path A-B-C-H to install street lights and electrical wiring that takes 10 days, (ii) path G-J-K-L to install sidewalks with handicap capabilities that takes 20 days, and (iii) path U-V-Z-W to repave the street including storm drains that takes 8 days. Which one of the following statements is true?

• A) The expected duration of the project is 10 + 20 + 8 = 38 days.
• B) The expected duration of the project is 20 days.
• C) The normal time is inversely related to the crash time.
• D) The three sub-system precedent relationships are in parallel.

---

Definitions:

Taxpayer

An individual or entity that is obligated to pay taxes to a federal, state, or local government based on income earned, property owned, or consumption.

Casualty Loss Deduction

A tax deduction that allows taxpayers to deduct losses caused by sudden, unexpected or unusual events such as natural disasters, fires, or thefts.

Fair Market Value

The price at which an asset would sell under normal market conditions between a willing buyer and seller, both having reasonable knowledge of the facts.

Adjusted Gross Income

An individual's total gross income minus specific deductions, used to determine taxable income.