Explain the process of functional decomposition
What will be an ideal response?
The act of going from a single system to four component processes is called (functional) decomposition. Functional decomposition is an iterative process of breaking the description or perspective of a system down into finer and finer detail. This process creates a set of hierarchically related charts in which one process on a given chart is explained in greater detail on another chart. Each resulting process (or subsystem) is also a candidate for decomposition. Each process may consist of several subprocesses. Each subprocess may also be broken down into smaller units. Decomposition continues until you have reached the point at which no subprocess can logically be broken down any further. The lowest level of a DFD is called a primitive DFD.
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Dividends paid are reflected in the financing activities section of the statement of cash flows
Indicate whether the statement is true or false
In calculating the probability of a project being completed on time, applying the relevant formulas for expected time and variance allows us to calculate ______.
A. the most likely time for each activity B. the expected cost for the project C. the actual cost for the project D. the start date for the project
Joint costs are most frequently allocated based upon relative
a. profitability. b. conversion costs. c. prime costs. d. sales value.
The sales director of RealPlan has developed a sales team training session to address the differences between consumer and business buyers. Which of the following is a true statement that should be included in the training session?
A) In business sales, the initial contact is almost never the actual purchaser. B) In business sales, more than one person may be involved in the purchasing decision. C) In consumer sales, emotion plays a more significant role than logic in decision making. D) In consumer sales, a new-task buy is the most common type of purchasing situation. E) In consumer sales, even low-cost items involve significant consumer involvement.