Which of the following statements regarding systems maintenance is false?
a. It should include analysis, cost/benefit study, design, implementation, and approvals for each development step.
b. To ensure that all necessary maintenance requests are submitted, users should never be charged for maintenance costs.
c. A formal procedure for submitting change requests should be adopted.
d. High-quality documentation must be created and maintained.
B
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In a report designed to organize a new task force, the close should
A) identify the report's authors. B) include an analysis of the data you've presented. C) list the action that you would like readers to take. D) discuss why the report was written. E) describe how tasks will be broken down.
Richard Inc expects to sell 28,000 units. Each unit requires 4 pounds of direct materials at $15 per pound and 3 direct labor hours at $12 per direct labor hour. The overhead rate is $9 per direct labor hour. The beginning inventories are as follows: direct materials, 2,500 pounds; finished goods, 3,100 units. The planned ending inventories are as follows: direct materials, 4,000 pounds; finished
goods, 3,200 units. Given a planned production of 5,000 units, what are the planned direct materials purchases of Richard? A) $300,000 B) $258,000 C) $240,000 D) $322,500
You can avoid current taxes on a withdrawal of cash value if
A) you are over age 59 1/2. B) you are under age 59 1/2. C) you switch your investment earnings into another policy and fill out an 1035 exchange form. D) you assign the proceeds to a nonrevocable trust.
Barter is a form of countertrade which is the direct exchange of goods for goods
Indicate whether the statement is true or false