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2 years ago

Which documents are generally finished and approved before a project begins?

Business

1 answer:

GaryK [48]2 years ago

6 0

The documents that are generally finished and approved before a project begins includes:

Project plan.
Budget.
Resource allocation documentation.

<h3>What is a project?</h3>

This refers to any temporary endeavor undertaken to accomplish a unique product, service or result

The document that includes Project plan, Budget and Resource allocation documentation are approved before a project begins because they will serve as guide for the project direction.

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Headland Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the pl

Brums [2.3K]

Answer and explanation:

Check the attached file for a well formatted answer

Headland Company

Pension worksheet 2020-2021

General Entries Memo Record

Items Annual Pension expense Cash OCI- Prior service cost OCI- Gain/Loss

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4 years ago

"Snoop Company sells collectibles. The following information summarizes Snoop Company's operating activities for the most recent

Mkey [24]

Answer:

The answer is $30000

Explanation:

$ $

Sales 195000

Less cost of sales

Opening stock 12000

Add purchases 97000

109000

Less closing stock 6000

103000

Gross profit 92000

Less operating expenses 62000

Operating income 30000

The operating income is $30000

4 0

4 years ago

Assume that Maia spends all of her income on halvah (H) and pomegranates (P) and is purchasing the optimal consumption bundle. I

mamaluj [8]

Answer:

The correct answer is:

$4 (D.)

Explanation:

From the question, we are told that:

the price of halvah (MUH)= $12

the price of pomegranates (MUP)= ????

Next, we are also told that the optimal consumption ratio of MUH to MUP = 3

This means that the Mauginal Utility of halvah (H) to the marginal utility of pomegranates (P) = 3

MUH/MUP = 3

12/MUP = 3

MUP = $\frac{12}{3} = 4$

MUP = $4

5 0

3 years ago

If interest rates are declining, which of the following would be expected? (A) Discount bonds will appreciate more than premium

KengaRu [80]

Answer:

option A

Explanation:

The correct answer is option A.

When interest rates are declining , prices of the bond rise, but in this case the discount bonds will appreciate more than the premium bonds.

When interest rates fall it becomes very easier to borrow money and causing many companies to issue new bonds so that they can invest in new ventures.

A premium bond is a bond trading above its face value.

A bond issued at a discount has its market price below the face value.

5 0

4 years ago

A firm's inventory was destroyed by fire on August 14 of the current year. Fortunately, the firm had insurance to cover the loss

aniked [119]

Answer:

cost of the inventory lost is $600,000

Explanation:

The cost of goods sold is computed as follows

Opening stock xxx

Add purchases during the year xxx

Less closing stock (xxx)

Cost of goods sold xxx

Gross profit is the profit after deducting just the cost of goods sold only. The gross profit margin is the proportion of sales made as gross profit. It indicates how well a company is managaing its cost of inpust.

If a company has a gross profit margin of 30% then the balance figure of 70% of sales represents the value of cost of goods sold.

So we can apply this to our question

Cost of goods sold = (100-40)% × Sales

= 60% × $1,000,000

= $600,000

Now we can work out the cost of the inventory lost which is the closing inventory:

Remember

cost of goods sold = Opening inventory + purchases - closing inventory

600,000 = 200,000 + 1,000,000 - y let y denotes closing inventory

y = 200,000 + 1,000,000 - 600,000

y = 600,000

cost of the inventory lost is $600,000

6 0

3 years ago