In the Context of a Systems Development Project, Which of the Following

question 36

Multiple Choice

In the context of a systems development project, which of the following statements is true of the relationships between requirements, cost, and time?

• A)Increasing the time for the completion of a project always increases the cost of the project.
• B)Increasing the cost of a project will always reduce the time required to finish the project.
• C)Reducing the requirements in a project rarely affects the time required to finish the project.
• D)Reducing the number of requirements in a project reduces the overall cost of the project.

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Definitions:

Net Profit Margin

A financial metric showing the amount of each sales dollar left over after all expenses have been paid.

Cash Coverage Ratio

A financial metric used to evaluate a company's ability to pay its debt obligations using its cash and cash equivalents.

Current Liabilities

Obligations of a company that are due to be settled within one year or one operating cycle, whichever is longer.

Operating Activities

The day-to-day actions that involve the production, sales, and delivery of a company's product or service, generating most of the company's cash flows.