Which of the Following Is Not True About the Development

question 40

Multiple Choice

Which of the following is not true about the development of MyMagic+?

• A) The firm had the backing of executive leadership who also provided resources to support the complex and expensive project
• B) Many disparate teams were impacted by the project, presenting political challenges in a project so large
• C) It is estimated that Disney spent over $1 billion on these systems
• D) Contrary to what one would expect from Moore's Law, the cost of the MagicBands themselves actually rose past original per-unit estimates

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Definitions:

Underlying Book Value

The net asset value of a company calculated by total assets minus intangible assets (patents, goodwill) and liabilities.

Consolidated Current Assets

The total value of all short-term assets held by a company and its subsidiaries, as reported on a consolidated balance sheet.

Excess Consideration

This term is involved in accounting and finance, indicating the amount paid over the fair value of the net assets of a company during an acquisition.

Underlying Book Value

The net asset value of a company calculated from its financial statements, excluding intangible assets and liabilities.