Scope, Time and Cost Goals in Order of Importance Can

question 44

Multiple Choice

 Scope, time and cost goals in order of importance can be ranked on a(n) _____.

• A) requirements traceability matrix
• B) expectations management matrix
• C) responsibility assignment matrix
• D) probability matrix

---

Definitions:

Computerization

The process of equipping tasks, processes, or systems with the capability to be performed or monitored by a computer.

Unit Prices

Unit prices are the costs assigned to a single unit of a product or service, allowing buyers to compare costs and make informed purchasing decisions.

Beginning Inventory

The cost of items on hand ready for sale at the opening of an accounting cycle.

Merchandise

This refers to goods or stock that a retail store has on hand to sell to customers, effectively the items available for sale in a commercial setting.