If an Activity Whose Normal Duration Is 15 Days Can

question 88

Multiple Choice

If an activity whose normal duration is 15 days can be shortened to 10 days for an added cost of $2,000,what is the crash cost per period?

• A)$400
• B)$2,000
• C)$10,000
• D)$20,000
• E)$30,000

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Definitions:

Priority

The status of being regarded or treated as more important than other matters.

Purchase Money Security Interest

A security interest that is (1) taken or retained by the seller of collateral to secure all or part of its purchase price or (2) taken by a debtor to acquire rights in or the use of the collateral if the value is so used.

Inventory Collateral

Assets from a company's inventory that are pledged to secure a loan.

Notification

The act of formally or officially informing someone about a fact, condition, or event.