Which of the following is a difference between project management and portfolio?
A. Portfolio management asks questions like, "Are we carrying out projects efficiently?" whereas project management asks questions such as "Are we investing in the right areas?"
B. Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.
C. Portfolio management is an easy task whereas project management is a more difficult task.
D. Project management involves making wise investment decisions whereas portfolio management does not.
Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.
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Stock investment is an example of a semi-structured decision making domain.
Answer the following statement true (T) or false (F)
The December 31, 2016, ending inventory failed to include $25,000 of inventory that was received on December 27, 2016. The purchase on account was, however, properly recorded on the date of delivery. What effect will this error have on the December 31, 2016, assets, liabilities, and net income for the year then ended? Assets Liabilities Net Income I. overstated overstated no effect II
understated understated no effect III. understated no effect understated IV. understated understated understated ? A) I B) II C) III D) IV
Cash disbursement journals also are known as ________.
A) sales journals B) purchases journals C) cash receipts journals D) cash payments journals
Which of the following is the least useful in evaluating a relationship as either favorable or unfavorable?
A) Past and current performances of the company B) Industry averages C) Past performance of the company D) Rule-of-thumb measures