Approximately What Percentage of Software Development Projects Are Cancelled Before

question 67

Multiple Choice

Approximately what percentage of software development projects are cancelled before they are ever completed?

• A)70%
• B)30%
• C)66%
• D)54%

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Definitions:

Direct Labor

Direct labor involves the wages of employees who are directly involved in the manufacturing or production process of a company's products or services.

Process Cost Summary

A report that aggregates the total costs associated with a particular production process, including materials, labor, and overhead.

Equivalent Units

An idea in cost accounting that involves allocating expenses to goods that are partially finished, measured as if the goods were fully completed.

Conversion Costs

The combined costs of direct labor and manufacturing overheads incurred to convert raw materials into finished goods.