An unfavorable variance is produced
Answer: template method
Explanation:
The bottom-up approach for estimating times and costs that uses costs from past projects that were similar to the current project is known as template method.
It should be noted that estimating time and cost are vital because it helps schedule work, develop needs of cash flow and show progress of a project.
Answer:
False.
Explanation:
The revenue recognition principle states that revenue should be recognized and recorded when it is realized or realizable and when it is earned. In other words, companies shouldn’t wait until revenue is actually collected to record it in their books.
Revenue should be recorded when the business has earned the revenue even it has not been paid by customers to finance expenditures
<span>The answer is "Scope and quality" are two project dimensions which are components of project performance.
Scope refers to the sum of products, services, and results which are provided as a project and if we define this more simply, it is the size of a project or task. Quality is defined as how well the segments or components satisfy the project requirements or necessities.</span>
Answer:
He should schedule the activity with the least slack, that means the activity B.
So, B. He should scheduel activity B first.