Accounting

Software development companies write commercial software that can be used by a v

Software development companies write commercial software that can be used by a v

Software development companies write commercial software that can be used by a variety of organizations. Sometimes these companies combine both software and hardware together to sell as one package. Such a package is commonly referred to as
A)

barry   534   2 Replies

RAM1

You are reviewing the financial statements of three companies in the same industry. Specifically, ...

You are reviewing the financial statements of three companies in the same industry. Specifically, ...

You are reviewing the financial statements of three companies in the same industry. Specifically, you are interested in the transactions surrounding capital assets during the past year. The following information is available for the three companies.

Bored.   365   5 Replies

Anonymous

Witten Corporation is a service company that measures its output by the number of customers served. ...

Witten Corporation is a service company that measures its output by the number of customers served. ...

[html]Witten Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.

Baradar   208   3 Replies

sbe0921

A sales budget is given below for one of the products manufactured by the Key Company:January21,000 ...

A sales budget is given below for one of the products manufactured by the Key Company:January21,000 ...

[html]A sales budget is given below for one of the products manufactured by the Key Company:

mhbtelc   110   2 Replies

Alex Yi Zhou

Omislav is feeling really lucky this week and therefore decides to buy two lottery tickets; one from ...

Omislav is feeling really lucky this week and therefore decides to buy two lottery tickets; one from ...

Tomislav is feeling really lucky this week and therefore decides to buy two lottery tickets; one from Lotto 6/49 and one from Lotto Max. The probability of winning when playing Lotto 6/49 is 0.0000000715 and the probability of winning from Lotto Max

ma16lm   554   1 Reply

bolbol

Badoni Corporation has provided the following data for its two most recent years of ...

Badoni Corporation has provided the following data for its two most recent years of ...

[html]Badoni Corporation has provided the following data for its two most recent years of operation:

arunasingh5   225   3 Replies

naderaide

Boursaw Corporation has provided the following data concerning last months operations.Purchases of ...

Boursaw Corporation has provided the following data concerning last months operations.Purchases of ...

[html]Boursaw Corporation has provided the following data concerning last month’s operations.

nurse15   265   3 Replies

mossadds

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, ...

[html]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 s

extrl83   239   1 Reply

ydnam23

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

tbparker   145   1 Reply

Sirangelou

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

SirJohnny   174   1 Reply

john august t

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

coleshear   132   1 Reply

hmging94

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

swimchk13   118   1 Reply

Tram Nguyen

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

JadeDeLair   102   1 Reply

mossadds

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

Kiyaa   98   1 Reply

packar11

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

Septeos   113   1 Reply

anikamazumder

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

knoeller33   107   1 Reply

revanchist

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

shayanbk   93   1 Reply

iffn23

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

SeaBass2013   107   1 Reply

KP20131

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

carlvh37   98   1 Reply

gagan17

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

szehim2009   97   1 Reply

hhorton

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

texasmade2550   104   1 Reply

ugotpwned5

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

kwmusick   96   1 Reply

mbiij16

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

Kss612   130   1 Reply

mr.pogi

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

Trey4sho   83   1 Reply

heathernhull

Benefits are often estimated without complete information.

Benefits are often estimated without complete information.

Benefits are often estimated without complete information.

▸ true

▸ false

shaester   93   1 Reply

moon21c

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

Blittle5   105   1 Reply

sillysquirrel

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 ...

[html]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 P

rafiki121   95   1 Reply

jtarinay

Which of the following would not help mitigate change risk?

Which of the following would not help mitigate change risk?

[html]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.[/htm

Bpringle2000   102   1 Reply

mattloftergener

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.

BigFella9503   97   1 Reply

nalsaidy

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 perf

onetouch   97   1 Reply

TanjaG

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.

blankship   106   1 Reply

CJWVail2

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.

killerbear900   101   1 Reply

sbe0921

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 Fina

onetouch   93   1 Reply

stanka82

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?

[html]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

▸ Consu

atomicyoyo   236   1 Reply

chelz

Which of the following is the formula for payback period?

Which of the following is the formula for payback period?

[html]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

javielito2000   90   1 Reply

jennaforiero

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)?

[html]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->Plan

texasmade2550   94   1 Reply

ahgoebel

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

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

[html]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 ana

carlvh37   105   1 Reply

JulzMarie

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 ...

[html]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.

dove298   101   1 Reply

richardbugg

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?

[html]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

schweet   97   1 Reply

angelord2510

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?

[html]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 m

mregueral   281   1 Reply

egidrarc