Which of the Following Statements Is True About the Points

question 5

Multiple Choice

Which of the following statements is true about the points system?

• A)Points are assigned by the clients at the beginning of the project.
• B)The most difficult task is assigned a point score of 1.
• C)Consecutive integers are used to award point scores to tasks.
• D)Points estimate the relative difficulty, rather than the relative duration of tasks.

---

Definitions:

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted; a measure of profitability.

Total Cost of Goods Sold

The sum of all costs directly involved in producing or purchasing products sold by a company during a given period.

High-low Method

A technique used to estimate fixed and variable components of costs by analyzing the highest and lowest levels of activity.

Utilities Cost

The expenses incurred for utilities consumed by a business, such as electricity, water, and gas.