In the Context of a Systems Development Project,which of the Following

question 15

Multiple Choice

In the context of a systems development project,which of the following statements is true of the relationships between requirements,cost,and time?

• A) Increasing the time for the completion of a project always increases the cost of the project.
• B) Increasing the cost of a project can always reduce the time required to finish the project.
• C) Reducing the requirements in a project rarely affects the time required to finish the project.
• D) Reducing the number of requirements in a project reduces the overall cost of the project.

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Definitions:

Stock Repurchase

A stock repurchase is a program by which a company buys back its own shares from the marketplace, reducing the number of outstanding shares.

Tax Liability

The total amount of tax owed to the government by an individual, organization, or corporation.

Cash Dividend

A distribution of a company's earnings to its shareholders in the form of cash.

Residual Dividend Approach

A policy whereby dividends are based on earnings minus funds retained to finance the optimal capital budget.