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tamaranim1 [39]
4 years ago
13

The likelihood of a risk event occurring during the implementation of a project goes up as the project progresses. The cost impa

ct of these risk events also goes up as the project progresses.
a. True
b. False
Business
1 answer:
IRISSAK [1]4 years ago
7 0

Answer: True

Explanation:

Projects are carried out with the consideration that risk would definitely occur, and during the analysing phase of any project all risk that would evolve are carefully studied and proactive solutions are provided. When starting projects there is definitely a high risk due to the energy of how the work would go but careful implementation helps curb the situation.

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Jackpot Mining Company operates a copper mine in central Montana. The company paid $1,150,000 in 2021 for the mining site and sp
poizon [28]

Answer:

a. Determine the cost of the copper mine.

  • $2,104,430

b. Prepare the journal entries to record the acquisition costs.

Date X, 2021, acquisition of copper mine

Dr Copper mine 2,104,430  

    Cr Cash 1,780,000

    Cr Asset retirement liability 324,430

July 1, 2021, acquisition of mining equipment

Dr Equipment 150,000

    Cr Cash 150,000

Explanation:

estimated restoration costs = ($330,000 x .25) + ($430,000 x .4) + ($630,000 x .35) = $475,000

now we must adjust the restoration cost and determine its present value = $475,000 x 0.68301 (present value factor, 10%, 4 periods) = $324,430

total cost of copper mine = purchase cost + preparation costs + restoration costs = $1,150,000 + $630,000 + $324,430 = $2,104,430

4 0
3 years ago
Consumers should be concerned about high interest rates because high interest rates __________.
svlad2 [7]
Consumers should be concerned about high interest rates because high interest rates equals to higher interest/ more money that needs to be paid.
4 0
4 years ago
In pricing a property, what might expired listings tell the real estate professional?
Fynjy0 [20]

The price at which a property won't sell.

<h3><u>What are expired listings?</u></h3>

The listing agreement has a specified end date when a homeowner hires an agent to sell a house. When this deadline passes without the house selling and without the owner renewing the listing agreement with the real estate agency, the listing expires. Similar to how potential buyers frequently include offer expiration dates when submitting offers to sellers. The offer "expires" and can no longer be accepted by the seller if the offer expiration date passes before the seller accepts.

These are four methods for obtaining leads from expired listings:

  • Make Use of the Multiple Listing Service (MLS) to find expired listings
  • Buy Expired Listings
  • Ask Other Real Estate Agents
  • Access public records.

Learn more about expired listings with the help of the given link:

brainly.com/question/14446560

#SPJ4

4 0
2 years ago
What is the best way to prepare for an inspection?
Alekssandra [29.7K]

Answer: A

Explanation: I don't really understand the question but if im understand it correctly than it is A you are suppose to clean everything and check everything. Make sure everything is running right

7 0
3 years ago
Juan lost his job as a nuclear physicist working for a defense contractor. He can not find a job because no firms in the defense
taurus [48]

Answer:

Structural unemployment

Explanation:

Structural unemployment arises when workers are unable to find work because their skills do not match market requirements.  Structural unemployment cans result from changes in technology or unavailability of job openings that match the skills possessed by the unemployed population.

Juan's skills are irrelevant in the industry. No employer will be interested in her with her current training.  For Juan to find work, she needs to learn new skills.

6 0
3 years ago
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