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Explain Why IT Projects Are Seen as Just Business Projects

question 32

Essay

Explain why IT projects are seen as just business projects involving significant amounts of technology.


Definitions:

Net Sales

The amount of sales revenue left after deducting sales returns, allowances, and discounts.

Ending Inventory

The total value of all goods still available for sale at the end of an accounting period.

Beginning Inventory

The amount of inventory a company has at the start of an accounting period.

Markup

The sum added onto the purchase price of products to encompass both overhead expenses and profit margins.

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