A Project Consists of the Following Four Activities with Activity

question 29

Multiple Choice

A project consists of the following four activities with activity times in days:
Table YY
-Using Table YY,the critical path for this project is

• A)A-B-C.
• B)A-C-D.
• C)A-B-D.
• D)A-B-C-D.

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Definitions:

Fixed Costs

Rephrased: Expenses that remain constant regardless of the amount of goods or services produced by a business.

Variable Costs

Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor.

Budgeted Net Income

The projected net income for a future period, based on expected revenues and expenses.

Variable Expenses

Expenses directly linked to the volume of output, adjusting in accordance with business activity levels.