IT Projects Come in All Shapes and Sizes

question 47

True/False

IT projects come in all shapes and sizes.Large IT projects are often high profile and involve high cost changes to the status quo of the organization,and should be funded outside of the IT operations budget.

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Definitions:

Accounts Receivable Turnover Ratio

A financial ratio indicating how efficiently a company collects on owed credit sales over a period.

Average Collection Period

This term refers to the average number of days it takes for a business to receive payments from its customers for invoices issued.

Accounts Receivable Turnover Ratio

A financial metric indicating how many times a company collects its average accounts receivable within a certain period.

Merchandise Inventory

The goods available for sale to customers by a retail or wholesale business, representing a significant asset on the balance sheet.