A(n) ________ is conducted before the second phase of the SDLC to determine the economic and organizational impact of the system
A) feasibility study
B) essential study
C) scheduling study
D) planning session
E) project discussion
A
Explanation: A) The feasibility study is part of the system planning phase, where an organization determines whether resources should be devoted to the development or enhancement of each information system being considered.
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When a new partner is admitted to a partnership, there should be a(n)
a. revaluation of assets b. realization of assets c. allocation of assets d. return of assets
Responsibility accounting authorizes managers to take control of and be held accountable for the revenues and expenses in their budgets
Indicate whether the statement is true or false
Following is a list of account balances of Morris Mowing Services as of December 31 of the first year of operations
Accounts Receivable $6,000 Accounts Payable 7,000 Salaries Expense 6,000 Repairs Expense 900 Truck 12,000 Equipment 9,000 Notes Payable 24,000 Cash 12,000 Supplies Expense 9,000 Service Revenue 24,000 Gasoline Expense 7,100 Salaries Payable 1,500 Calculate the net income. A) $1,000 B) $31,300 C) $2,800 D) $34,100
A partially solved PERT problem is detailed in the table below. Times are given in weeks
Activity Preceding Optimistic Time Probable Time Pessimistic Time Expected Time Variance A -- 7 9 14 1.361 B A 2 2 8 0 C A 8 12 16 0 D A 3 5 10 1.361 E B 4 6 8 0 F B 6 8 10 0 G C, F 2 3 4 0 H D 2 2 8 1.000 I H 6 8 16 2.778 J G, I 4 6 14 2.778 K E, J 2 2 5 0.250 a. Calculate the expected time for each activity. Enter these values in the appropriate column in the table above. b. Which activities form the critical path? c. What is the estimated time of the critical path? d. What are the project variance and the project standard deviation? e. What is the probability of completion of the project after week 40?