High Tech Firms Such as HP, IBM, and Dell All

question 32

Short Answer

High tech firms such as HP, IBM, and Dell all use __________ to coordinate projects and to ensure best practices are being used to manage projects.

---

Definitions:

Measurement Principle

The accounting principle that determines the criteria under which financial elements are quantified in the financial statements.

Actual Cost

The actual expenditure incurred on goods or services, including all amounts spent to acquire them, minus any discounts or rebates.

Cash-Equivalent Amount

The value of an asset that can easily be converted into a known amount of cash within a short period.

Fraud Triangle

A model explaining the factors that cause an individual to commit fraud, including pressure, opportunity, and rationalization.