The Last Project Activity ES and LS Times Are

question 103

Multiple Choice

The last project activity ES and LS times are:

• A) different
• B) calculated using termination rules
• C) the same
• D) required probabilistic calculations
• E) involving risk analysis

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Definitions:

Record Payment

The process of documenting the payment of a bill or an obligation in the business’s financial records.

Revenue Journal

The revenue journal is a ledger book or digital record in accounting that tracks all incoming earnings or revenue transactions generated by business operations.

Cash Receipts Journal

A specific accounting journal used to record all receipts of cash during a particular period.

Sale On Account

A transaction where goods are sold and payment is deferred to a later date, creating an account receivable for the seller.