Which of the Following Is Not One of the Val

question 44

Multiple Choice

Which of the following is not one of the Val IT implementation steps?

• A)Assess the organization's readiness to undertake IT business value management.
• B)Recognize problems with prior IT investments.
• C)Develop a technology portfolio plan.
• D)Take action.
• E)Define characteristics of the ideal future state.

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Definitions:

Raw Material

Fundamental substances that are processed and converted into final products during manufacturing.

Work in Process

Inventory that includes goods that are in the production process but have not yet been completed.

Property, Plant, and Equipment

Long-term tangible assets owned by a business, used in its operations to generate revenue, including buildings, machinery, and equipment.

Overhead Volume Variance

This measures the difference between the budgeted fixed manufacturing overhead and the applied manufacturing overhead, based on the actual production volume.