Is budget towards a new computer a fixed or variable expense?

Which of the following is an estimating pitfall? Select one: a. Misinterpretation of the statement of work b. Inaccurate work br

alex41 [277]

Answer: Option D

Explanation: In simple words, estimating pitfall refers to the potential errors that may or may not occur in the future. These are human errors that are caused due to omissions, double recording or no recording etc. Such errors can result in the failure of the project.

Hence from the above we can conclude that the correct option is D.

3 0

3 years ago

Two independent companies, Denver and Bristol, each own a warehouse, and they agree to an exchange in which no cash changes hand

Schach [20]

Answer and Explanation:

The journal entries are shown below

1.

On Denver books

Equipment Dr $17,000

Accumulated depreciation $60,000

Loss on sale of equipment $3,000

To Equipment $80,000

(Being equipment recorded)

On Bristol books

Equipment Dr $17,000

Accumulated depreciation $25,000

To Gain on sale of equipment $10,500

To Equipment $31,500

(Being equipment recorded)

2.

On Denver books

Equipment Dr $20,000

Accumulated depreciation $60,000

To Equipment $80,000

(Being equipment recorded)

On Bristol books

Equipment Dr $6,500

Accumulated depreciation $25,000

To Equipment $31,500

(Being equipment recorded)

7 0

3 years ago

Suppose an economy is initially operating at long-run equilibrium when there is an increase in consumer optimism about the econo

sladkih [1.3K]

Answer:

The correct option is Increase and Decrease respectively

Explanation:

6 0

3 years ago

Although not recommended, some marketers decide to ignore market segmentation and target the whole market with one offer. this i

vodka [1.7K]

The description above is trying to define the undifferentiated marketing strategy as this strategy focuses more on things that will appear to the people, what will make people more attracted and feel more appealed on what they are selling or trying to promote in which they try to ignore the market segmentation. The undifferentiated marketing strategy focuses more on the whole market with just one offer and they tend to use more marketing strategies that will be of beneficial to them in terms of attracting the consumers for this is their main goal and what they focus more when this marketing strategy is being used in the business or marketing field.

7 0

3 years ago

A young couple is planning for the education of their two children. They plan to invest the same amount of money at the end of e

laila [671]

Answer:

The couple must save $ 6,598 each year

Explanation:

Calculating the payment amount:

Cost per year = $25,000 per each child

Cost for 4 years = $25,000 × 4 = $100,000

For the oldest child, the college will begin in 16 years and the second child the college will begin in 18 years.

Calculating the amount to be deposited each year for the oldest child.

Using Microsoft Excel PMT function

Rate = 8%

N = 16

PV = 0

FV = -100000

= $3,298

Therefore, they must deposit $3,298 each year for their oldest child.

Calculating the amount to be deposited each year for the second child:

Using Microsoft Excel PMT function

Rate = 8%

N = 18

PV = 0

FV = -100000

= $2,670

Therefore, they must deposit $2,670 each year for their second child.

Total sum to be saved per year = $3,298 + $2,670 = $6,598

6 0

3 years ago