Answer:
$43,000
Explanation:
Implicit cost or opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
by starting his business, he forgoes the opportunity to earn 43k
Answer:
Negative Float on a Partial Path:
c. The project is meeting its expected completion date but a certain activity/ event on that path is not meeting its expected completion date.
Explanation:
Float is the quantification of delays in a project. Negative float means that there is a delay exceeding the intended or allowed float by an ascertainable time. This means that float is about the time when an activity takes longer than originally planned. Some projects have inbuilt standard float which had been computed based on past experience of similar projects, with some allowances made for different expected scenarios.
Answer:
human skill
Explanation:
Human skill is a combination of the talent, knowledge, skills, abilities of an individual that give some productive output to the business organization
Since in the question it is mentioned that Gino is credited for a manager as he understand his employees and work well with the team members
So this represents the human skill as it also judge the behavior of a person whether he or she behaving ethical or not
Answer:
Expenditures of $12,000 and a $12,000 prepaid asset
Explanation:
Since only half of the policy has been consumed (or accrued), then half of the premium must debited to expenditures, which is similar to debiting insurance expenses on a private company. Since half of the prepaid insurance asset has been used during this year, the account must be reduced by crediting it (same as recording for a private business).
