The determination of the number of man-hours that are needed to meet production goals by the management involves an informational role.
<h3>What is management?</h3>
It should be noted that management simply means the process of controlling people to achieve a goal.
In this case, the determination of the number of man-hours that are needed to meet production goals involves ana informational role.
Learn more about management on:
brainly.com/question/27250153
Characteristics of capital projects include (B) usually requires long-range planning and extensive financing.
<h3>
What are capital projects?</h3>
- A Capital Project is one that serves to maintain or improve a City asset, also known as infrastructure.
- A project must meet ONE of the following requirements (criteria) to be included in the Capital Budget.
- It is a project that involves the construction, enlargement, renovation, or replacement of an existing building or facilities.
<h3>Characteristics of capital projects:</h3>
- Long-lasting assets are involved (e.g, buildings, roads and bridges, etc.)
- A construction project is usually included.
- Long-term planning and extensive financing are usually required.
- Maintain a project-life emphasis rather than a year-to-year concentration.
Therefore, characteristics of capital projects include (B) usually require long-range planning and extensive financing.
Know more about capital projects here:
brainly.com/question/7442083
#SPJ4
Correct question:
Characteristics of capital projects include:
Group of answer choices -
(A) Involves long-lived assets.
(B) Usually requires long-range planning and extensive financing.
(C) Usually has a year-to-year focus.
Answer: Number of months = 66.87 months
Explanation:
Given that,
Monthly Payment = $500
Interest rate(r) = 1.95% per month
Current Balance = $18,500
Number of months(t) = ?
Taking log on both side
t log(1.0195) = log(3.5906)
t = 66.87 months
