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Igoryamba
3 years ago
6

Your project requires new software. The IT department is going to research options to identify the best solution to work with yo

ur project and existing infrastructure. The customer will approve their choice. In your responsibility matrix, which category would you use for the IT department for this work?
Select an answer:

consult


inform


accountable


responsible
Business
1 answer:
Len [333]3 years ago
4 0

<u>Answer:</u> Option Consult

<u>Explanation:</u>

RACI matrix is used to assign the roles and responsibilities of the teams in an organisation. RACI is the acronym for responsibility, accountability, consult and informed each letter indicates a responsibility.

Responsible person completes the assigned task. Accountable person reviews the work done by other subordinates usually in a higher position in the hierarchy. Consult is the person or department that provides inputs for doing the project. Informed people are kept in the loop of information so that they know what is happening in the team.

To develop a new software for the project IT team has to be consulted to get this work done.

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The Accounts Receivable balance for Lake​, Inc. at December​ 31, 2017​, was $ 20 comma 000. During 2018​, Lake earned revenue of
elena-s [515]

Answer:

The required journals are:

Debit Bad debt expense                                          $10,070

Credit Allowance for doubtful accounts                 $10,070

<em>(To record bad debt for the year)</em>

Explanation:

To understand the effects of the transactions, we need to journalize as follows:

Debit Accounts receivable                                    $454,000

Credit Sales revenue                                             $454,000

<em>(To record sales transaction on account)</em>

Debit Cash                                                             $325,000

Credit Accounts receivable                                  $325,000

<em>(To record collections on account)</em>

Debit Allowance for doubtful accounts                   $5,600

Credit Accounts receivable                                     $5,600

<em>(To record write-off of accounts receivable)</em>

With the above journals, the balance in accounts receivable will be: $20,000 + $454,000 - $325,000 - $5,600 = $143,400. The 5% of $143,400 will be $7,170.

The effect of the write-off was to throw the unadjusted allowance for doubtful account into debit as $2,700 - $5,600 = $2,900. The required bad debt expense will $10,070 ($7,170 + $2,900).

3 0
3 years ago
Sweet Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction
Reika [66]

Answer:

$4,775,565.49

Explanation:

The computation of the selling price of the bond is shown below:

Particulars                  Amount PV factor 6%       Present value

Semi-annual interest $216,209 19.60044    $4,237,791.53

Principal                         $3,088,700     0.174110131  $537,773.96

Total                                                       $4,775,565.49

Working notes

Semi-annual interest $216,209 = $3,088,700 × 14% × 6 ÷ 12

PV factor 3%:    

Semi-annual interest 13.76483115      = {(1 - (1.06)^-30) ÷ 0.06 }

Principal 0.174110131  = {1 ÷ 1.03^30}

6 0
3 years ago
It’s the year 2150, and the human race has established a new country on Mars. After a dispute about water rationing, a war begin
Ksivusya [100]

Answer:

Executive order

Explanation:

Executive order - it is referred to order that can only be issued by the president of the United States to the executive body of the state.

it is Refer to official order directly issued by the president to prevent or allow doing something.  

As it is mentioned in the information in the given question, in 2150, when people are having a war for water on the new country of Mars, then president of America issued an executive order to notify every executive body not to sell any good and service to a new country of mars

8 0
3 years ago
Overhead expenses are budgeted at $2,000 per month. Included in the $2,000 are $500 of monthly depreciation expense and $200 of
professor190 [17]

Answer:

Cash outflow will be $1300

So option (C) will be correct answer

Explanation:

We have given overhead expense = $2000 per month

Depreciation expenses = $500

And allocated insurance expense = $200

So non cash expense = depreciation expense + allocated insurance expense = $500+$200 = $700

We have to fond the cash out flow

Cash outflow is equal to = Overhead expense - non cash expense = $2000 - $700 = $1300

So cash outflow will be $1300

So option (C) will be correct answer

4 0
3 years ago
An investment offers $6,700 per year for 15 years, with the first payment occurring one year from now. a. If the required return
maksim [4K]

Answer:

a.$65,072.07

b.$100,810.19

c.$110,254.18

d.$111,666.67

Explanation:

a. The value of investment today if payment per year of $6,700 is made for 15 years is given as follows:

Present value today=R[(1-(1+i)^-n)/i]

Where

R=payment to made yearly=$6,700

i=interest per annum=6%

n=number of payments=15

Present value today=6,700[(1-(1+6%)^-15)/6%]=$65,072.07

b. The value of investment today if payment per year of $6,700 is made for  40 years is given as follows:

Present value today=6,700[(1-(1+6%)^-40)/6%]=$100,810.19

c. The value of investment today if payment per year of $6,700 is made for 75 year is given as follows:

Present value today=6,700[(1-(1+6%)^-75)/6%]=$110,254.18

d. The value of investment today if payment per year of $6,700 occurred forever

Present value today=P/i=6,700/6%=$111,666.67

where P=6,700, i=6%

8 0
3 years ago
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