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kirza4 [7]
3 years ago
11

Laura is forecasting the time and cost of developing an intranet for a new customer. Her department has completed six such intra

nets for customers during the last two years and so history exists. Although the proposed system is about the same size as the others, based upon previous experience, she estimates that it will take about 10 percent less time and money. Which of the following tools is she using? a. function point b. template c. apportion d. ratio e. learning curve
Business
1 answer:
patriot [66]3 years ago
7 0

Answer: E. Learning Curve

Explanation: The learning curve is usually adopted in evaluating the association between cost and output over a certain period of time. The learning curve shows how usually indicates the changes in cost and output associated with a task as employees or workers start to engage in a certain task or function. Generally, initial task performance by an employee usually result in higher cost output with gradual reduction in cost becoming visible as the Repetition of such task is being embarked upon by the employee.

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Applicants describe how they handled specific problems and situations in previous jobs in a(n) ________ interview.
Serggg [28]
<span>Applicants describe how they handled specific problems and situations in previous jobs in a(n) behavioral structured interview.</span>
7 0
3 years ago
When LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the
bija089 [108]

Answer:

False

Explanation:

The assertion is false that when LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the point of each sale, rather than from the most recent purchases for the period.

Under this method it is <u>at the end of the accounting year that the Inventory account is adjusted to equal the cost of the merchandise that is unsold.</u>

It is important to note that under LIFO periodic (not LIFO perpetual) <u>we wait until the entire year is over before assigning the costs. </u>Then we flow the year's last costs first, even if those goods arrived after the last sale of the year.

4 0
4 years ago
Last year a small accounting firm paid each of its five clerks $25,000; two junior accountants received $60,000 each; and the fi
djverab [1.8K]

Answer:

the firm's average salary increased by 40%

Explanation:

the average salary for last year = [(5 x $25,000) + (2 x $60,000) + $255,000] / 6 = $500,000 / 6 = $83,333.33

this year's average salary = [(5 x $25,000) + (2 x $60,000) + $455,000] / 6 = $700,000 / 6 = $116,666.67

this means that the average salary has increased by = [($116,666.67 - $83,333.33) / $83,333.33] x 100 = 40%

3 0
4 years ago
Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing what? a. Accurate u
vaieri [72.5K]

Option D

Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing Completed epic acceptance criteria

<u>Explanation</u>:

Acceptance criteria are a formalized schedule of elements that assure that all user narratives are developed and complete synopses are carried into account. Acceptance Criteria are a collection of observations, respectively with a precise pass/fail outcome, that defines all specifications and are suitable at the Epic, Feature, and Story Level.

An epic is an excellent method to endure the trace of the huge idea in agile circumstances.  It enhances crews split their job while proceeding to operate towards a larger intention.

5 0
4 years ago
Explain why a relative price is an opportunity cost. The money price of a pound of bananas is $0. 90 and the money price of a tu
dimaraw [331]

The opportunity cost is stated in relative pricing, that is, the price of one option in comparison to another.

When there are numerous vendors in a market but no one is significant enough to control the price of a product. Because both items must be produced, the relative price must match the opportunity cost. If the opportunity cost of one good is lower in the home country than so will be the relative price.

As bananas cost $0.90 per kg, so, if  a toothpaste is  for $2.25, we are forgoing 2.25 kgs banana (2.25/0.9). Thus, the opportunity cost is 2.5 kg bananas which is equal to the relative price of bananas.

Therefore, relative price is an opportunity cost.

To know more about relative price click here:

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6 0
2 years ago
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