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sammy [17]
3 years ago
15

You are involved in an Information Systems project. The project's scope has widened, but there is no change in cost, quality, an

d user expectations. This will result in an increase in time taken to complete the project. True or false?

Business
1 answer:
LenKa [72]3 years ago
3 0

Answer:

True

Explanation:

Project scope deals with the specific requirements or tasks necessary to complete the project. Scope is important to manage on any project, because if you can’t control the scope of the project, you’re not likely to deliver it on time. Also should the scope get widened it will result in time taken to complete the project.

Every project is faced with the triple constraint, which are the time, scope and cost.

Kindly see the attached for further clarity

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3. Kevin took out a loan for a car. He must pay $3,000.00 in interest, service
ss7ja [257]

Answer:

The finance charge

Explanation:

The finance charge is the total cost incurred when borrowing money, including interest amount and all other fees. It is the extra money paid on top of the borrowed amount. The finance charge may be a flat fee or a percentage of the principal amount.

The finance charge represents the expense incurred for using credit. The finance charge is an important consideration when choosing a preferred lender.

8 0
3 years ago
A question that can be answered by observing and analyzing the world as it is known:
gizmo_the_mogwai [7]
Empirical Question is a question that can be answered by observing and analyzing the world as it is known:
5 0
4 years ago
Suppose that price level has risen in the past year, but production of goods and services has remained constant. Nominal GDP has
valkas [14]
Decreased; increased
4 0
3 years ago
Read 2 more answers
A company uses 85 circuit boards a day in a manufacturing process. The person who orders the boards follows this rule: Order whe
Natalija [7]

Answer:

0.1093 or 10.93%

Explanation:

The number of days before the company runs out of stock after placing an order (X) is:

X = \frac{Stock}{demand}= \frac{625}{85}\\X= 7.353\ days

Assuming a normal distribution with:

Mean (μ) = 6

Standard deviation (σ)=1.10

The z-score for X=7.353 is:

z=\frac{X- \mu}{\sigma}\\z=\frac{7.353- 6}{1.10}\\z=1.23

According to the z-score table, a score of 1.23 falls in the 0.8907-th percentile. Therefore, the probability of the delivery takes longer than 7.353 days is:

P(X>7.353) = 1 - 0.8907\\P(X>7.353) =  0.1093

8 0
4 years ago
A company has a unit contribution margin of $80 and a contribution margin ratio of 50%. what is the unit selling price?
lora16 [44]

If a company has a unit contribution margin of $80 and a contribution margin ratio of 50%. Then its unit selling price is $160 therefore option (d) is the correct answer.

Contribution margin, or dollar contribution in keeping with the unit, is the selling fee in step with the unit minus the variable price in line with the unit. "Contribution" represents the portion of sales that isn't eaten up by variable prices and so contributes to the coverage of fixed fees. The contribution margin is computed because of the promoting charge per unit, minus the variable value according to the unit. Additionally known as greenback contribution per unit, the measure indicates how a specific product contributes to the general income of the business enterprise.

To calculate the unit selling price use the formula

Unit selling price = contribution margin / contribution margin ratio

Unit selling price = $80 / 50%

Unit selling price = $160

Therefore option d) $160 is the correct answer

The contribution margin ratio of a business is the same as its revenue much less all variable fees, divided by means of its sales. It represents the marginal gain of producing one more unit.

Learn more about the Contribution margin here brainly.com/question/24881206

#SPJ4

3 0
2 years ago
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