Latest Topics

Youtube Question

Youtube Question

Could you please help me with this one? Three banks X, Y and 2, each offers a different effective interest rate on its saving account. (Hint: Assume 1 year to be 366 days). Bank Nominal Interest R

Mathematics   Anonymous   84   4 days ago

The maintenance phase of the SDLC is the final phase of the SDLC and includes making changes, ...

The maintenance phase of the SDLC is the final phase of the SDLC and includes making changes, ...

The maintenance phase of the SDLC is the final phase of the SDLC and includes making changes, corrections, additions, and upgrades (generally smaller in scope) to ensure the system continues to meet the business requirements that have been set out for it.

▸ true

▸ false

Accounting   extrl83   120   ydnam23   6 days ago

The design phase of the SDLC begins with a business need for a new or better information system.

The design phase of the SDLC begins with a business need for a new or better information system.

The design phase of the SDLC begins with a business need for a new or better information system.

▸ true

▸ false

Accounting   tbparker   54   Sirangelou   6 days ago

The business case for an IT project does not need to address risk, since risk will be factored into ...

The business case for an IT project does not need to address risk, since risk will be factored into ...

The business case for an IT project does not need to address risk, since risk will be factored into the discount rate.

▸ true

▸ false

Accounting   SirJohnny   100   john august t   6 days ago

The breakdown of all of the project tasks needed for completion is often called the work breakdown ...

The breakdown of all of the project tasks needed for completion is often called the work breakdown ...

The breakdown of all of the project tasks needed for completion is often called the work breakdown structure.

▸ true

▸ false

Accounting   coleshear   57   hmging94   6 days ago

The benefits of an IT project are not necessarily measurable in financial terms.

The benefits of an IT project are not necessarily measurable in financial terms.

The benefits of an IT project are not necessarily measurable in financial terms.

▸ true

▸ false

Accounting   swimchk13   48   Tram Nguyen   6 days ago

The appropriate cost of capital to use in valuing an IT project is the same regardless of the ...

The appropriate cost of capital to use in valuing an IT project is the same regardless of the ...

The appropriate cost of capital to use in valuing an IT project is the same regardless of the project riskiness.

▸ true

▸ false

Accounting   JadeDeLair   34   mossadds   6 days ago

The analysis phase of the SDLC involves a complete, detailed analysis of the systems needs of the ...

The analysis phase of the SDLC involves a complete, detailed analysis of the systems needs of the ...

The analysis phase of the SDLC involves a complete, detailed analysis of the systems needs of the end user.

▸ true

▸ false

Accounting   Kiyaa   31   packar11   6 days ago

The 15-15 Rule states that if a project is more than 15 percent over budget or 15 percent off the ...

The 15-15 Rule states that if a project is more than 15 percent over budget or 15 percent off the ...

The 15-15 Rule states that if a project is more than 15 percent over budget or 15 percent off the desired schedule, it will likely never recoup the time or cost necessary to be considered successful.

▸ true

▸ false

Accounting   Septeos   31   anikamazumder   6 days ago

The 100% Rule is a rule requiring 100% planning of all external tasks.

The 100% Rule is a rule requiring 100% planning of all external tasks.

The 100% Rule is a rule requiring 100% planning of all external tasks.

▸ true

▸ false

Accounting   knoeller33   37   revanchist   6 days ago

Tasks that must be completed in a specific sequence but don't require additional resources or a ...

Tasks that must be completed in a specific sequence but don't require additional resources or a ...

Tasks that must be completed in a specific sequence but don't require additional resources or a specific completion time are considered to have task dependency.

▸ true

▸ false

Accounting   shayanbk   24   iffn23   6 days ago

Segregation of duties can be the source of IT material weaknesses when assessing the effectiveness ...

Segregation of duties can be the source of IT material weaknesses when assessing the effectiveness ...

Segregation of duties can be the source of IT material weaknesses when assessing the effectiveness of internal controls over the company's accounting information system.

▸ true

▸ false

Accounting   SeaBass2013   33   KP20131   6 days ago

PERT is actually an acronym for Program Evaluation Review Tool.

PERT is actually an acronym for Program Evaluation Review Tool.

PERT is actually an acronym for Program Evaluation Review Tool.

▸ true

▸ false

Accounting   carlvh37   28   gagan17   6 days ago

Parallel or concurrent tasks are tasks that be done at the same time.

Parallel or concurrent tasks are tasks that be done at the same time.

Parallel or concurrent tasks are tasks that be done at the same time.

▸ true

▸ false

Accounting   szehim2009   36   hhorton   6 days ago

One weakness of the internal rate of return financial metric is that larger projects tend to have ...

One weakness of the internal rate of return financial metric is that larger projects tend to have ...

One weakness of the internal rate of return financial metric is that larger projects tend to have higher internal rates of return.

▸ true

▸ false

Accounting   texasmade2550   28   ugotpwned5   6 days ago

Net present value techniques compute the unique rate of return for a particular IT project.

Net present value techniques compute the unique rate of return for a particular IT project.

Net present value techniques compute the unique rate of return for a particular IT project.

▸ true

▸ false

Accounting   kwmusick   26   mbiij16   6 days ago

In making the business case for an IT investment, companies should assess the sensitivity of results ...

In making the business case for an IT investment, companies should assess the sensitivity of results ...

In making the business case for an IT investment, companies should assess the sensitivity of results to the assumptions.

▸ true

▸ false

Accounting   Kss612   51   mr.pogi   6 days ago

Capital budgeting techniques provide precise estimates on an IT projects costs and benefits.

Capital budgeting techniques provide precise estimates on an IT projects costs and benefits.

Capital budgeting techniques provide precise estimates on an IT projects costs and benefits.

▸ true

▸ false

Accounting   Trey4sho   25   heathernhull   6 days ago

Benefits are often estimated without complete information.

Benefits are often estimated without complete information.

Benefits are often estimated without complete information.

▸ true

▸ false

Accounting   shaester   29   moon21c   6 days ago

Which phase of the systems development life cycle would describe in detail the desired features of ...

Which phase of the systems development life cycle would describe in detail the desired features of ...

Which phase of the systems development life cycle would describe in detail the desired features of the system?

▸ Analysis phase

▸ Planning phase

▸ Design Phase

▸ Implementation Phase

Accounting   Blittle5   29   sillysquirrel   6 days ago

Which phase of the systems development life cycle includes transforming the plan from the design ...

Which phase of the systems development life cycle includes transforming the plan from the design ...

Which phase of the systems development life cycle includes transforming the plan from the design phase into an actual, functioning system:

▸ Implementation Phase

▸ Maintenance phase

▸ Analysis phase

▸ Design Phase

Accounting   rafiki121   36   jtarinay   6 days ago

Which of the following would not help mitigate change risk?

Which of the following would not help mitigate change risk?

Which of the following would not help mitigate change risk?

▸ Conduct training sessions.

▸ Transfer to a new and improved operating system.

▸ Reduce employee costs.

▸ Communicate changes to employees.

Accounting   Bpringle2000   33   mattloftergener   6 days ago

Which of the following would not be considered an indirect operating cost for an IT initiative?

Which of the following would not be considered an indirect operating cost for an IT initiative?

Which of the following would not be considered an indirect operating cost for an IT initiative?

▸ End user data entry.

▸ User self-training.

▸ User peer support.

▸ End user data management.

Accounting   BigFella9503   28   nalsaidy   6 days ago

Which of the following situations is not the result of a weakness in or lack of internal controls?

Which of the following situations is not the result of a weakness in or lack of internal controls?

[html]Which of the following situations is not the result of a weakness in or lack of internal controls?

▸ Financial statements are misstated because individuals were able to update financial information beyond that needed to perform their job functions.

▸ A programming error results in too much revenue being recorded.

▸ Earnings per share are mis

Accounting   onetouch   28   TanjaG   6 days ago

Which of the following roles is most likely to be a project sponsor?

Which of the following roles is most likely to be a project sponsor?

Which of the following roles is most likely to be a project sponsor?

▸ System Analyst.

▸ Chief Financial Officer.

▸ Project Manager.

▸ Controls Manager.

Accounting   blankship   30   CJWVail2   6 days ago

Which of the following risks considers the possibility that the new IT system will not be ...

Which of the following risks considers the possibility that the new IT system will not be ...

Which of the following risks considers the possibility that the new IT system will not be implemented on time or within budget?

▸ Solution risk.

▸ Change risk.

▸ Alignment risk.

▸ Project risk.

Accounting   killerbear900   34   sbe0921   6 days ago

Which of the following is the order of tasks when evaluating AIS Investments?

Which of the following is the order of tasks when evaluating AIS Investments?

[html]Which of the following is the order of tasks when evaluating AIS Investments?

▸ Develop the Business case→Define Business Requirements→Estimate Benefits→Estimate Costs→Asess Risks→Prepare the value proposition.

▸ Develop Financials→Estimate Benefits→Estimate Costs→Asess Risks→Prepare the value proposition.

▸ Obtain management support→Estimate Benefit

Accounting   onetouch   25   stanka82   6 days ago

Which of the following is the least effective approach to quantifying expected benefits of an IT project?

Which of the following is the least effective approach to quantifying expected benefits of an IT project?

Which of the following is the least effective approach to quantifying expected benefits of an IT project?

▸ Find out what other firms experienced in similar situations

▸ Review options with the hardware vendor

▸ Consult with experts

▸ Use simulation software

Accounting   atomicyoyo   153   chelz   6 days ago

Which of the following is the formula for payback period?

Which of the following is the formula for payback period?

Which of the following is the formula for payback period?

▸ Increased cash flow per period/initial investment.

▸ Initial investment/increased cash flow per period.

▸ CFt/(1 + r)t.

▸ (Average annual income from IT initiative)/(Total IT initiative investment cost).

Accounting   javielito2000   28   jennaforiero   6 days ago

Which of the following is the correct order for Systems Development Life Cycle (SDLC)?

Which of the following is the correct order for Systems Development Life Cycle (SDLC)?

Which of the following is the correct order for Systems Development Life Cycle (SDLC)?

▸ Analysis->Planning->Design->Implementation->Maintenance

▸ Planning->Analysis->Design->Implementation->Maintenance

▸ Buy-in->Planning->Design->Implementation

▸ Planning->Reviewing->Design->Implementation->Maintenance

Accounting   texasmade2550   29   ahgoebel   6 days ago

Which of the following is the best approach to mitigate alignment risk?

Which of the following is the best approach to mitigate alignment risk?

Which of the following is the best approach to mitigate alignment risk?

▸ Assure top management support.

▸ Conduct training and provide incentives.

▸ Use the balanced scorecard framework.

▸ Use sensitivity analysis.

Accounting   carlvh37   37   JulzMarie   6 days ago

Which of the following is not one of the potential approaches to quantifying the expected benefits ...

Which of the following is not one of the potential approaches to quantifying the expected benefits ...

Which of the following is not one of the potential approaches to quantifying the expected benefits of IT initiatives?

▸ Real option theory.

▸ Simulation.

▸ External benchmarks.

▸ Expert opinion.

▸ Performance futures theory.

Accounting   dove298   31   richardbugg   6 days ago

Which of the following is not a reason that large IT projects require economic justification?

Which of the following is not a reason that large IT projects require economic justification?

Which of the following is not a reason that large IT projects require economic justification?

▸ IT is a commodity, every firm makes IT investments

▸ IT investments require large amounts of capital

▸ Capital resources are limited

▸ Major IT projects can affect substantial portions of the organization

Accounting   schweet   30   angelord2510   6 days ago

Which of the following is not a question that businesses should answer before making major IT investments?

Which of the following is not a question that businesses should answer before making major IT investments?

Which of the following is not a question that businesses should answer before making major IT investments?

▸ What key business issues does it address?

▸ What are the risks of doing the project?

▸ How will success be measured?

▸ None of the choices are correct.

Accounting   mregueral   190   egidrarc   6 days ago

Which of the following is not a potential benefit of an IT investment?

Which of the following is not a potential benefit of an IT investment?

Which of the following is not a potential benefit of an IT investment?

▸ Revenue enhancement

▸ Revenue savings

▸ Cost avoidance

▸ Revenue protection

Accounting   theferpectstudent   33   solid1   6 days ago

Which of the following is not a major consideration when assessing business requirements for IT ...

Which of the following is not a major consideration when assessing business requirements for IT ...

Which of the following is not a major consideration when assessing business requirements for IT initiatives?

▸ Complementary business process changes

▸ Potential technological solutions

▸ Gaps in performance indicated by the strategy map

▸ Project risks

Accounting   devildoc   34   neginakbarin   6 days ago

Which of the following is not a direct operating cost of an IT initiative?

Which of the following is not a direct operating cost of an IT initiative?

Which of the following is not a direct operating cost of an IT initiative?

▸ End-user data management

▸ Ongoing hardware replacement

▸ Software upgrades

▸ Hardware disposal

Accounting   lindseyw   38   bijin05   6 days ago

Which of the following is not a direct acquisition cost of an IT initiative?

Which of the following is not a direct acquisition cost of an IT initiative?

Which of the following is not a direct acquisition cost of an IT initiative?

▸ Cost of hardware

▸ Cost of business disruption

▸ Cost of project management

▸ Cost of software development

Accounting   shaester   30   yoliness   6 days ago

Which of the following is an example of solution risk?

Which of the following is an example of solution risk?

Which of the following is an example of solution risk?

▸ The solution is not aligned with the company's strategy.

▸ The solution will not generate projected benefits.

▸ The solution will be delayed.

▸ Employees are unwilling to make the necessary changes.

Accounting   saratoga 22   32   duhello   6 days ago

Which of the following is an example of scope creep?

Which of the following is an example of scope creep?

[html]Which of the following is an example of scope creep?

▸ Your initial test results are not accurate.

▸ You failed to note dependant tasks and now must adjust your timeline.

▸ You planned four 10 full time contractors but actually need 15.

▸ You planned to replace one module of an Enterprisewide System but actually need to replace three.[/ht

Accounting   abdullerz   29   kingqadri   6 days ago