____ perform design activities to create models that produce an architectural blueprint for system implementation
a. System developers
b. System architects
c. System managers
d. System engineers
a
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Revenue is equal to the cash received by a company during an accounting period
Indicate whether the statement is true or false
The excess of revenue over variable costs is referred to as:
A. manufacturing margin B. gross margin C. contribution margin D. gross profit
A company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $150,000. The present value of the future cash flows generated by the project is $145,000. Should they invest in this project?
A) yes, because the rate of return on the project exceeds the desired rate of return used to calculate the present value of the future cash flows. B) no, because the rate of return on the project is less than the desired rate of return used to calculate the present value of the future cash flows. C) no, because net present value is +$5,000 D) yes, because the rate of return on the project is equal to the desired rate of return used to calculate the present value of the future cash flows.
A contract in which both parties are mistaken about the value of the object of the contract is considered ________
A) unenforceable B) unconscionable C) non-rescindable D) void