UML is a modeling language for ________ analysis and design
A) object-oriented system
B) unified modeling system
C) real world system
D) World Wide Web system
A
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In year 1, Southern Construction agrees to construct a school building for $12,000,000, receiving payments for the work of $6,000,000 in both year 1 and year 2 . Southern estimates that the costs will be $4,000,000 in Year 1 and $6,000,000 in Year 2 . If Southern uses the percentage-of-completion method (based on total costs), what amount of profit is recognized in each year of the contract? Year
1 Year 2 a. $0 $2,000,000 b. $2,000,000 $0 c. $1,000,000 $1,000,000 d. $800,000 $1,200,000 e. $2,000,000 $1,000,000
Why is analysis of intangible assets more challenging than the analysis of tangible long-lived assets?
a. Except for software development costs under U.S. GAAP and development costs under IFRS, firms generally do not recognize internally developed intangibles as assets on the balance sheet. b. U.S. GAAP and IFRS require firms to measure the fair values of identifiable intangibles acquired in a business combination and assess whether they have finite lives or indefinite lives. c. Differences between U.S. GAAP and IFRS in the treatment of development costs mean that comparisons of firms that apply U.S. GAAP with firms that apply IFRS require consideration of and adjustment for those differences. d. all of the above e. none of the above
Which stakeholders have high influence as well as high interest in the project?
A) promoters B) shapers C) advocates D) observers
Jenna left her job as an analyst in a reputed company to start her own event management company at a time when event management was not in vogue. She was bold enough to take this step despite knowing the amount of risk involved. Which entrepreneurial characteristic is highlighted in the given scenario?
A. Self-reliance B. Confidence C. Energy D. Conformity