The given statement " In the enumeration method the project schedule is calculated many times (perhaps 1,000 or more), and each time, the estimate for a particular activity is generated based on the likelihood of that time as determined by the project manager " is FALSE
Explanation:
Enumeration methods are used for solving combinational problems of optimisation. Combinatory optimization issues are difficulties where choices are binary, in which an object is selected or is not selected
(e.g. line, edge, node).
Basic schedule management strategies include starting and finishing dates for work in a project. Here the shadow bars stretch from the critical path-determined beginning date.
The Enumeration system includes census administration, handling money, computer awareness, Web surveying, information on housing records, post-enumeration analysis and web-based input and distribution of field information.
The technology involved in rfid (radio-frequency identification) has traditionally been used to ----<u>manage</u><u> inventory prior</u><u> to items reaching the </u><u>sales floor.</u>
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<h3>What's RFID and how does it work?</h3>
An RFID system consists of a bitsy radio transponder, a radio receiver and transmitter. When touched off by an electromagnetic interrogation palpitation from a near RFID anthology device, the label transmits digital data, generally an relating force number, back to the anthology. This number can be used to track force goods.
<h3>What are the advantages of RFID?</h3>
RFID offers dependable track- and- trace in tough surroundings. This technology can fluently track and give real- time data about force and product position. Whether you're tracking large asset force, individual products, or batches, you can profit from automatic real- time data collections.
Learn more about RFID technology :
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Answer:
Debit : Allowance for doubtful debts - $62,000
Explanation:
An account for allowance for doubtful debts is a contra account created, predicting that certain debtors will not be able to pay for the goods and services they purchased. This can be based on historical experiences. Doubtful debts aren’t officially uncollectible, it is simply an estimation made, but bad debts are, where you have officially written off a certain accounts receivable as uncollectible.
An allowance for doubtful debts is recorded in the balance sheet, directly under accounts receivables. Bad debts are recorded as an expense in the income statement.
The question states that the company had recorded $62,000 as a bad debts expense in its income statement. In order to do this, the company would have first made an estimate of bad debts known as the allowance for doubtful debts where:
Debit : Bad Debts
Credit : Allowance for doubtful debts
When the amount is officially declared uncollectible as in this case, the allowance for doubtful debts account will be debited with $62,00 and the accounts receivables account will be credited with $62,000 meaning that the money would not be expected to be received from that debtor anymore.
