Which of the Following Statements Regarding Critical Paths Is True

question 35

Multiple Choice

Which of the following statements regarding critical paths is true?

• A)The shortest of all paths through the network is the critical path.
• B)Some activities on the critical path may have slack.
• C)Every network has only one critical path.
• D)On a specific project,there can be multiple critical paths,all with exactly the same duration.
• E)The duration of the critical path is the average duration of all paths in the project network.

---

Definitions:

Absorption Costing

An accounting method that includes all manufacturing costs (direct materials, direct labor, and both variable and fixed overheads) in the price of a product.

Variable Costing

An accounting method that includes all variable production costs (materials, labor, overhead) in product costs but treats fixed overhead expenses as period costs.

Reconciliation

The process of ensuring two sets of records (usually the balances of two accounts) are in agreement.

Variable Costing

A costing method where only variable production costs are included in product costs, with fixed overhead expenses treated as period costs.