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A Dummy Variable Is an Activity Inserted into the Network

question 32

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A dummy variable is an activity inserted into the network diagram to show a precedence relationship,but does not represent any passage of time.


Definitions:

Partnership Agreement

A legal document that specifies the rights, obligations, and responsibilities of each partner in a business partnership.

Initial Investment

The initial amount of money put into a project, asset, or venture to start it or acquire it.

Capital

Assets or resources that are used to generate income or invested to create financial gains.

Proportion

A comparative relationship between parts of a whole, often expressed as a ratio or fraction.

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