Questions

Direct Materials doesn't come under Fixed Cost because it vary with changes in the activity level of a business.

Fixed Cost :

A fixed cost is a cost that does not change over the short-term, even if a business experiences changes in its sales volume or other activity levels.

It is of some importance to understand the extent and nature of the fixed costs in a business, since a high fixed-cost level requires a business to maintain a high revenue level in order to avoid generating losses.

Examples of Fixed Cost are:

Insurance, Salaries, Rent, Property Taxes,...

a.) Quality Assurance

Quality assurance is an activity that establishes and evaluates the processes that produce products. Quality assurance would measure processes to identify weaknesses and then correct them to continually improve the process: Eg. Code review.

b.) Quality Control

Quality control is a process in which the product's quality is compared with standards and corrective actions taken if required. Quality control activities focus on identifying defects in the actual products produced. Eg. Testing.

c.) Test Case

A test case is a unit level document describing the inputs, steps of execution and the expected result of each test condition for every requirement from the BRD. Testers determine whether the application is working correctly or not based on the test case that is being executed. A test case is marked as "Pass" if the application works as expected and is marked as "Fail" if otherwise. Test cases also aide in generating test status metrics.

d.) Test Condition

Test condition is the condition on which the test execution evaluates to pass or fail. Eg of a test condition: Set Password field should accept a mix of Alphanumeric and Special characters on mandatory basis and throw error message otherwise.

e.) Test Script

Test script is the set of instructions performed on the application to verify its functions.

f.) Test Data

Test data is the input data used to test a particular functionality. Eg: Username and password to test a login screen.

g.) Test Bed

Test bed is the environment on which the testing is done and includes the software and hardware set up that is required for testing the application.

The project details and description will usually have less detail at the beginning of the project and will increase as the characteristics are progressively elaborated. Answer A is incorrect because the team should confirm that they understand the esence of the scope of the project, even if the details might be ambiguous at the beginning of the project. Answer B is incorrect because the project should go forward; however, the team should request further clarification of what the project scope entails. Answer D is incorrect because the project selection criteria should be established before the project begins.

1 quart = 4 cups.

=> We know that 1 quart = 2 pints

But 1 pint = 2 cups

=> 2 pints = 2 x 2 cups = 4 cups = 1 quart.