The Three Little Pigs Built Three Houses for a Total

question 154

Multiple Choice

The Three Little Pigs built three houses for a total cost of $160,000.Appraisal values for the three completed houses were: straw house,$40,000,wood house $60,000,and brick house $100,000.Using the basket purchase allocation,the recorded value of the brick house should be:

• A) $80,000.
• B) $100,000.
• C) $53,333.
• D) $66,667.

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Definitions:

Traditional SDLC

The Standard Software Development Life Cycle, a systematic process used for the planning, creation, testing, and deployment of software applications.

Outsourcing

The practice of hiring third parties to perform services or create goods that traditionally were performed in-house by the company's own employees and staff.

Offshoring

The practice of relocating a company's business process, such as manufacturing or services, to another country, often to reduce costs.

Insource

The practice of assigning tasks or projects to individuals or departments within a company rather than to external entities.