Strategic systems planning is important because the plan
a. provides authorization control for the Systems Development Life Cycle
b. will eliminate any crisis component in systems development
c. provides a static goal to be attained within a five-year period
d. all of the above
A
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Average inventory equals $100,000, and cost of goods sold equals $216,000 . Days' inventory on hand equals
a. 168.98 days. b. 170.0 days. c. 157.9 days. d. 193.1 days.
A person's occupation is also known as his or her vocation
Indicate whether the statement is true or false
In a typical (conservative assumptions) after-tax discounted cash flow analysis, depreciation expense is assumed to accrue at
a. the beginning of the period. b. the middle of the period. c. the end of the period. d. irregular intervals over the life of the investment.
A disadvantage of the payback period is that it ignores a project's total profitability
Indicate whether the statement is true or false