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Marianna [84]
3 years ago
15

PERT is a popular technique for analyzing the tasks involved to complete a given project, estimating the time required to comple

te each task, and identifying the minimum time needed to complete the project.True / False.
Business
1 answer:
RoseWind [281]3 years ago
4 0

Answer: True

Explanation: PERT which is an acronym for project evaluation and review technique is utilized more in projects where time is the primary component instead of cost.It is normally used in conjunction with the finite sequence of well-defined, computer applicable instructions to solve problems that are used for listing a set of project activities. It can also be put to practical use on a very big hierarchy or infrastructure that consists of many different but connected parts and also on study and advancement projects.

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Total variable costs A. always increase with output. B. initially decrease and then increase with output. C. initially increase
galina1969 [7]

Answer:

A. always increase with output.

Explanation:

There are basically 2 groups of cost namely; Fixed and variable cost.

The fixed cost are usually like sunk cost that will be incurred irrespective of how many units are produced.

Total variable costs refers to all elements of cost that vary proportionately with the level of activities or output. A good example is the direct material cost.

It is the total of the marginal cost over the units produced. The right answer is A. always increase with output.

6 0
3 years ago
You have been asked to help King Company make the necessary journal entry to record the purchase of office furniture for a $170
Marina CMI [18]

Answer:

Debit Office Furniture account    $710

Credit Cash account                    $170

Credit Accounts payable             $710

Being entries to recognize office furniture partly paid for.

Explanation:

When items are purchased using cash, the corresponding credits in such transactions are recorded in the cash account. Where the item is purchased on account (or credit), the credit is posted to accounts payable.

Total worth of the office furniture = $170 + $540 = $710

The total debit for this will be recorded in the office furniture account.

Hence to recognize the transaction,

Debit Office Furniture account    $710

Credit Cash account                    $170

Credit Accounts payable             $710

Being entries to recognize office furniture partly paid for.

3 0
2 years ago
An active worker receives $500 every two weeks. This kind of monetary reward for work is called ______.
Vladimir79 [104]
I believe the correct answer is Payment, because if the worker receives $500 EVERY TWO WEEKS it most likely means that is his payment or what he is employed for
5 0
2 years ago
Read 2 more answers
One advantage of having an ATM card is that it can be used to
Katarina [22]

Answer:

It can be used to buy stocks

5 0
2 years ago
Audio City, Inc., is developing its annual financial statements at December 31. The statements are complete except for the state
deff fn [24]

Answer:

Closing Cash and Cash equivalents balance is $70,100 as per the statement of cash flows presented below in indirect format. the closing figure matches the balance sheet sheet figure of cash and cash equivalents for the current year.

For year reference, solution in excel format is also attached

Explanation:

            Statement of Cash Flows for year ended 31 December 20x1  

 

Net Profit before tax (Net Income + Tax)                $79,000  

Adjustment of Non Cash Expenses:  

   Depreciation                                                        $17,000  

   Increase in Salaries & Wages Payable                $1,100  

 

Working Capital Changes:  

   Increase in Inventory                                         $(2,400)

   Decrease in Accounts Receivables                        $5,400  

   Decrease in Accounts Payable                        $(11,400)

 

Cash generated from Operations                        $88,700  

   Tax Paid                                                                $(27,000)

 

Net cash from operating activities                         $61,700  

 

<u>Cash Flows from Investing Activities:</u>  

     Purchase of equipment                                        $(77,000)

 

Net cash from investing activities                         $(77,000)

 

 

<u>Cash Flows from Financing Activities:</u>

     Proceeds from issue of shares                         $34,000  

     Payment of long term loans                                 $(17,000)

     Dividends paid                                                         $(5,400)

 

Net cash from Financing Activities                          $11,600  

 

Net decrease in cash and cash equivalents          $(3,700)

Opening cash and cash equivalents                         $73,800  

Closing Cash and Cash Equivalents                           $70,100  

Download xlsx
8 0
2 years ago
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