ISDS 351 Exam 2 Questions with 100% Correct Answers Latest
Graded A+
Question:
In 1992, the Supreme Court ruled that online retailers must collect sales taxes even in states where
they lack a physical presence.
Answer:
FALSE
Question:
The elimination of organizations that operate between the producer and the consumer is called .
Answer:
disintermediation
Question:
Which of the following is NOT one of the three basic components of most successful e-commerce
models?
Answer:
capital
Question:
In which of the following forms of e-commerce is the seller most likely to offer a customized
product offering to a potential buyer?
Answer:
business-to-consumer (B2C) e-commerce
Question:
involves formal acceptance of the completed project scope by the stakeholders.
Answer:
Scope Validation
Question:
,involves reviewing the project charter, requirements documents, and organizational process assets
to create a scope statement, adding more information as requirements are developed and change
requests are approved.
Answer:
Defining Scope
Question:
The main technique used in creating a WBS is , which involves subdividing project deliverables
into smaller pieces.
Answer:
Decomposition
Question:
Scope Creep refers to:
Answer:
the tendency for project scope to keep getting bigger and bigger.
Question:
provide(s) a standard format for displaying project schedule information by listing project activities
and their corresponding start and finish dates in a calendar format.
Answer:
Gantt Charts
Question:
An activity is an element of work that has an expected duration, cost, and resource requirements.
Answer:
TRUE
Question:
In project time management, the process of primarily involves checking and managing changes to
the project schedule.
Answer:
Controlling the Schedule
, Question:
states that work expands to fill the time allowed.
Answer:
Parkinson's Law
Question:
A cost estimation tool which involves estimating individual work items or activities and summing
them to get a project total is known as a(n) estimate.
Answer:
Bottom-up
Question:
helps develop an accurate projection of a project's financial expenses and benefits.
Answer:
Life cycle costing
Question:
is a method for determining the estimated annual costs and benefits for a project.
Answer:
Cash flow analysis
Question:
Analogous estimates are also known as estimates.
Answer:
top-down
Question:
An enterprise system ensures that information can be shared with all authorized users, regardless of
business function or level of management.
Answer:
TRUE
Graded A+
Question:
In 1992, the Supreme Court ruled that online retailers must collect sales taxes even in states where
they lack a physical presence.
Answer:
FALSE
Question:
The elimination of organizations that operate between the producer and the consumer is called .
Answer:
disintermediation
Question:
Which of the following is NOT one of the three basic components of most successful e-commerce
models?
Answer:
capital
Question:
In which of the following forms of e-commerce is the seller most likely to offer a customized
product offering to a potential buyer?
Answer:
business-to-consumer (B2C) e-commerce
Question:
involves formal acceptance of the completed project scope by the stakeholders.
Answer:
Scope Validation
Question:
,involves reviewing the project charter, requirements documents, and organizational process assets
to create a scope statement, adding more information as requirements are developed and change
requests are approved.
Answer:
Defining Scope
Question:
The main technique used in creating a WBS is , which involves subdividing project deliverables
into smaller pieces.
Answer:
Decomposition
Question:
Scope Creep refers to:
Answer:
the tendency for project scope to keep getting bigger and bigger.
Question:
provide(s) a standard format for displaying project schedule information by listing project activities
and their corresponding start and finish dates in a calendar format.
Answer:
Gantt Charts
Question:
An activity is an element of work that has an expected duration, cost, and resource requirements.
Answer:
TRUE
Question:
In project time management, the process of primarily involves checking and managing changes to
the project schedule.
Answer:
Controlling the Schedule
, Question:
states that work expands to fill the time allowed.
Answer:
Parkinson's Law
Question:
A cost estimation tool which involves estimating individual work items or activities and summing
them to get a project total is known as a(n) estimate.
Answer:
Bottom-up
Question:
helps develop an accurate projection of a project's financial expenses and benefits.
Answer:
Life cycle costing
Question:
is a method for determining the estimated annual costs and benefits for a project.
Answer:
Cash flow analysis
Question:
Analogous estimates are also known as estimates.
Answer:
top-down
Question:
An enterprise system ensures that information can be shared with all authorized users, regardless of
business function or level of management.
Answer:
TRUE
