Uses of a Matrix-Type Chart Include

question 122

Multiple Choice

Uses of a matrix-type chart include:

• A) Deploying the voice of the customer throughout the organization. II. As a spreadsheet to allocate resources by type over time. III. Analyzing a portfolio of projects against a set of criteria to determine relative priority of each project for implementation. IV. Displaying the estimated time span of tasks within a project over the duration of the project.
• B) II, III, and IV only
• C) II only
• D) I, II, III, and IV
• E) II and III only

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Definitions:

Purchases

The act of buying goods and services, typically for the purpose of resale in the ordinary course of business.

Consignee

A person or company to whom goods are shipped for sale, who receives and sells the goods on behalf of the consignor.

Consignor

The consignor is the party that owns goods or merchandise and entrusts them to another party, known as the consignee, for the purpose of sale.

Installment Plan

A method of payment where goods are purchased and possessed immediately, but payment is divided over a specified period of time in equal amounts.