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3 years ago

23. The three steps of project management are _____.

Business

1 answer:

Mrrafil [7]3 years ago

4 0

Answer:

The correct answer is letter "B": creating the work plan, staffing the project, and controlling and directing the project.

Explanation:

Project Management is a discipline that comprehends the organization, planning, motivation, and control of a company's resources to reach objectives established to achieve success in one or many projects within the limits of the corporation.

The main three steps in every project management include project initiation -plan creation, staffing the project -recruiting and selecting project members, and controlling and directing the project -monitoring the project progress.

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Tolton, Inc. is just shy of hitting its operating income target. The manager, K.T. Tolton, decides to purchase inferior material

mario62 [17]

Answer:

Net income increase - $4,890

Explanation:

The computation of the effect on net income is shown below:

= Number of pounds of inferior product × (standard price for the materials - inferior product price per pound)

= 3,000 pounds × ($13 - $11.37)

= 3,000 pounds × $1.63

= $4,890 increase

For determining the effect we took the difference of the prices and then multiply it with the number of pounds of the inferior product

6 0

3 years ago

pencer Co. has a $300 petty cash fund. At the end of the first month the accumulated receipts represent 553 for delivery expense

otez555 [7]

Answer:

c) Credit to Cash for $242

Explanation:

Petty cash, beginning = $300

Delivery expense = $53

Merchandise inventory = $167

Miscellaneous expense = $22

Petty cash, Ending = $58

The journal to record the reimbursement of the accounts will be:

Event Account Title and Explanation Debit Credit

1 Delivery expense $53

Merchandise inventory $167

Miscellaneous expense $22

Cash $242

4 0

3 years ago

A bank loaned out $19 comma 00019,000, part of it at the rate of 7 %7% per year and the rest at 15 %15% per year. If the inter

Alla [95]

Answer:

Explanation:

Let x be the amount loaned at 7% and ($19,000 - x) be the amount loaned at 15%

Given:

Interest incurred at 7%, I1 + Interest incurred at 15%, I2 = $2000

Interest, I = amount × rate

I1 = 7/100 × x

I2 = 15/100 × ($19,000 - x)

From the above expressions,

(0.07)x + (0.15) × ($19,000 - x) = $2,000

Solving for x,

0.07x + 2850 - 0.15x = 2000

Collecting like terms,

0.08x = 850

x = $10625

The amount loaned at 7% interest is

$10625

The amount loaned at 15% interest is ($19000 - $10625)

= $8375

6 0

3 years ago

You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di

shepuryov [24]

Answer:

Shopping product

Explanation:

Shopping products refer to those products which require considerable time, efforts in research, discussions and opinions and which are not purchased frequently.

Such products are purchased after careful evaluation of all the alternatives available to an individual and after comparison of prices and offers.

Consumers in such cases take considerable time in arriving at the buying decision, whether to buy or not, or to delay such purchases. Such purchases require research and significant efforts on part of the consumer.

4 0

3 years ago

Two brothers each open IRAs in 2009 and plan to invest $3,000 per year for the next 30 years. John makes his first deposit on Ja

Goryan [66]

Answer:

Future value of John's investment

FV = A(1+r)n+1 - (1+r)

Fv = $3,000((1 + 0.07)30+1 - (1 +0.07))

0.07

FV = $3,000((1.07)31 - (1.07)

0.07

FV = $3,000 x 101.0730414

FV = $303,219

Future value of Bill's investment

FV = A((1 + r)n - 1)

FV = $3,000 ((1 + 0.07)30 - 1)

0.07

FV = $3,000((1.07)30 - 1)

0.07

FV = $3,000 x 94.46078632

FV = $283,382

The difference in the value of IRAs

= $303,219 - $283,382

= $19,837

The correct answer is A

Explanation:

In the first case, we need to apply future value of annuity due formula since deposits are made at the beginning of each year.

In the second case, we need to apply future value of an ordinary annuity formula since deposits are made at the end of each year.

6 0

3 years ago