Exhibit 15.6 The Following Questions Use the Information Below

question 39

Essay

Exhibit 15.6
The following questions use the information below.
Consider the CPM network for the following set of activities:
-Refer to Exhibit 15.6. Is it necessary to draw an arc from the node for activity F to the node for activity I?

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Definitions:

Discounted Note

A promissory note whose face value has been reduced to reflect the effect of interest that it will earn.

GAAP

Generally Accepted Accounting Principles, which are a set of accounting standards and practices used to prepare financial statements.

Financial Instruments

Contracts that give rise to both a financial asset of one entity and a financial liability or equity instrument of another entity.