As Described in the Text,which of the Following Statements About

question 80

Multiple Choice

As described in the text,which of the following statements about runaway or failed IT projects is not true?

• A)Large software projects on average run 33 percent over schedule.
• B)Large software projects on average run 66 percent over budget.
• C)50% of businesses have experienced IT project failure in the last year.
• D)IT projects often fail because they lack sufficient computing capacity.
• E)One study found that private sector projects underestimate costs and time required by half.

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Definitions:

Liquidity Ratios

Financial metrics used to determine a company's ability to pay off its short-term debts with its current assets.

Permanent Inventory Loss

Losses resulting from discrepancies between actual stock levels and recorded inventory due to theft, damage, or miscounting that cannot be recovered.

Quarterly Income Statement

A financial report that shows the revenue, expenses, and net income of a company over a three-month period.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (or line items) in a balance sheet is represented as a proportion of the total account.