The Relationship Between a Predecessor Activity and a Successor Activity

question 1

Multiple Choice

The relationship between a predecessor activity and a successor activity is called an) _____.

• A) series
• B) pattern
• C) dependency
• D) association
• E) aggregation

---

Definitions:

Hours

A measure of time typically used to quantify the duration of activities or operations.

Factory Overhead Cost Variance

The difference between the actual and budgeted indirect manufacturing costs.

Fixed Overhead

Costs that do not fluctuate with the level of production or sales, such as rent, salaries, and insurance.

Variable Overhead

These are costs that vary with production volume, such as materials and labor, as opposed to fixed overhead costs.