In the strategy implementation phase, general long-term plans are developed for carrying out the projects that had been agreed on in the strategy formulation phase
Indicate whether the statement is true or false
FALSE
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A retained earnings appropriation is a restriction of retained earnings by the board of directors for a specific purpose
Indicate whether the statement is true or false
The LaPann Corporation has obtained the following sales forecast data: JulyAugustSeptemberOctoberCash sales$80,000 $70,000 $50,000$60,000Credit sales$240,000 $220,000 $180,000$200,000?The regular pattern of collection of credit sales is 20% in the month of sale, 70% in the month following the month of sale, and the remainder in the second month following the month of sale. There are no bad debts.?The budgeted accounts receivable balance on September 30 would be:
A. $166,000 B. $126,000 C. $190,000 D. $148,000
Risk is the condition in which a decision maker is able to estimate the likelihood of certain outcomes.
Answer the following statement true (T) or false (F)
Using the scheme proposed by Denis et al (2004 ) for prioritizing systems projects, which statement is true?
A) Absolute Must and Highly Desired/Business-Critical projects are typically funded in the year submitted. B) Wanted projects with an ROI greater than 12 months are never funded. C) Nice to Have projects are typically outsourced. D) all of the above