Final answer:
The latest finish time for an activity is determined by the earliest finish times of the activities that immediately follow it.
Step-by-step explanation:
The statement is false. The latest finish time for an activity is the largest of the earliest finish times for all activities that immediately follow the activity.
The latest finish time is the latest possible time that an activity can be completed without delaying the project. It is determined by adding the duration of the activity to the earliest start time for that activity.
For example, if Activity A has an earliest start time of 5 and a duration of 3, and Activity B immediately follows Activity A with an earliest start time of 7, the latest finish time for Activity A would be 8, which is the largest of the earliest finish times for all activities that immediately follow Activity A.