Figure 8-3 Programmers Resource Histogram

question 36

Multiple Choice

Figure 8-3 Programmers Resource Histogram
-Consider the programmers resource histogram presented in Figure 8-3.If only six programmers are available to support this project,which of the following conclusions is valid? 

• A) The current schedule is feasible.
• B) The demand for programmers during weeks five and six exceeds the number available.
• C) The demand for programmers during weeks six through ten exceeds the number available.
• D) There is an excess capacity of programmers throughout the duration of this project.

Understand how limited liability partnerships (LLPs) and limited liability companies (LLCs) protect their owners.

Know the processes and legal requirements for forming, operating, and terminating different types of business entities.

Understand the role of shareholders, board of directors, and officers in a corporation.

Discern the legal distinctions involving liability, taxation, and jurisdiction among different business entities.

---

Definitions:

Inventory

The raw materials, work-in-progress products, and fully finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.

Sales Tax Payable

Sales tax payable is a liability account that records the amount of sales tax collected by a company from customers, which is due to be paid to the governmental tax authority.

Liability Account

An account on the balance sheet representing an obligation to pay money or deliver goods or services to another entity in the future.

Merchandise Return

A transaction where customers return previously purchased merchandise to the seller for a refund, credit, or exchange.