Why Are Computer Systems Sold When Using The Periodic Inventory Management System
Read the instructions before answering the questions.
Enter your answers in the space provided. The table will grow to accommodate your answer. Do not edit any other part of the document.
This is worth 10% of the final mark for the course. Each answer will receive 5 marks for a total of 100.
Answers should be brief (one or two sentences are sufficient for a “brief explanation”) and should be written in proper English. You are expected to use the spell-checker. Marks will be deducted if the answer is not easily understood.
Academic dishonesty will be dealt with severely. Your answers in this document should be your own work. Do not ask to see or copy a classmate’s work and do not share your answers with other students. Do not copy verbatim …show more content…
Answer: 3) Write the formula for Cost of Goods Sold when using the Periodic Inventory Management System?
Answer: 4) What are the two main characteristics that define an objective (as opposed to a goal)
Answer: 5) In a flow chart what is the shape that defines a decision to be made with two possible outcomes?
Answer: The shape that defines a decision is diamond. 6) What are 5 of the most important words that systems or business analysts should think about when they are determining business requirements?
Answer: 7) Briefly explain in your own words the difference between the Waterfall system and an Iterative system for designing and developing a software system
Answer: Waterfall is a linear approach to software …show more content…
8) Briefly explain in your own words the difference between a project and a process
• Answer: Process is a constantly changing set of tasks aimed at achieving an end result.
• Project is a unique task with a beginning and an end u
9) Briefly explain in your own words the Triple Constraints Triangle in the practice of project management
Answer: 10) What are 2 advantages and 2 disadvantages for a company of developing its own software system?
Answer:
Disadvantages: support and maintenance costs. Will you fix the bugs in the software if things go wrong
Advantages :Getting the name out in the tech world Can be shipped out or given via soft copy
11) What is the most important difference between the Client / Server and the Peer-to-Peer network architecture?
Answer :Peer to peer means that each network the client and server are connected . client/server: network is one main server all the clients are conneted to this severe
12) What are the four types of business organization we discussed in class?
Answer : -Private
Enter your answers in the space provided. The table will grow to accommodate your answer. Do not edit any other part of the document.
This is worth 10% of the final mark for the course. Each answer will receive 5 marks for a total of 100.
Answers should be brief (one or two sentences are sufficient for a “brief explanation”) and should be written in proper English. You are expected to use the spell-checker. Marks will be deducted if the answer is not easily understood.
Academic dishonesty will be dealt with severely. Your answers in this document should be your own work. Do not ask to see or copy a classmate’s work and do not share your answers with other students. Do not copy verbatim …show more content…
Answer: 3) Write the formula for Cost of Goods Sold when using the Periodic Inventory Management System?
Answer: 4) What are the two main characteristics that define an objective (as opposed to a goal)
Answer: 5) In a flow chart what is the shape that defines a decision to be made with two possible outcomes?
Answer: The shape that defines a decision is diamond. 6) What are 5 of the most important words that systems or business analysts should think about when they are determining business requirements?
Answer: 7) Briefly explain in your own words the difference between the Waterfall system and an Iterative system for designing and developing a software system
Answer: Waterfall is a linear approach to software …show more content…
8) Briefly explain in your own words the difference between a project and a process
• Answer: Process is a constantly changing set of tasks aimed at achieving an end result.
• Project is a unique task with a beginning and an end u
9) Briefly explain in your own words the Triple Constraints Triangle in the practice of project management
Answer: 10) What are 2 advantages and 2 disadvantages for a company of developing its own software system?
Answer:
Disadvantages: support and maintenance costs. Will you fix the bugs in the software if things go wrong
Advantages :Getting the name out in the tech world Can be shipped out or given via soft copy
11) What is the most important difference between the Client / Server and the Peer-to-Peer network architecture?
Answer :Peer to peer means that each network the client and server are connected . client/server: network is one main server all the clients are conneted to this severe
12) What are the four types of business organization we discussed in class?
Answer : -Private