A Document That Shows All Projects That Must Be Completed

question 65

Multiple Choice

A document that shows all projects that must be completed and the related IT needs in order to achieve long-range company goals is known as a

• A)performance evaluation.
• B)project development plan.
• C)data processing schedule.
• D)strategic master plan.

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Definitions:

Direct Labor Quantity Variance

The difference between the actual hours worked and the standard hours allowed, multiplied by the standard rate, indicating efficiency in labor usage.

Overhead Volume Variance

The difference between the expected (or standard) amount of manufacturing overhead costs given a certain level of production and the actual overhead costs incurred.

Standard Direct Labor Cost

The predefined cost associated with the labor required to produce a good or service, under normal circumstances.

Payroll Taxes

Levies placed on both employers and employees, often determined as a portion of the wages that businesses provide to their workforce.