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Sonbull [250]
3 years ago
11

When a contractor seeking external projects prepares to submit a proposal, it is really conducting a small project with the prim

ary deliverable of the project being a compelling and complete proposal.Select one:
TrueFalse
Business
2 answers:
tresset_1 [31]3 years ago
7 0

Answer:

The statement is: True.

Explanation:

Contractors are independent parties that are hired to supply equipment, material, and labor to major projects. Contractors have the capability of hiring <em>subcontractors </em>to complete part of a work or all of it. Whenever contractors prepare proposals for new work, they are engaging in new projects without middlemen. The contractor and the company in need of the contractor's services have a direct relationship.

irina [24]3 years ago
3 0

Answer: True

Explanation: By conducting a small project as a proposal, a contractor is actually showing in a small scale that he is both capable, is the right man for the job (external project) and is able to ensure the external project is completed with its goals and objectives accomplished. It is these goals that drive the project, and all the planning and implementation . As such, the project has to be compelling and complete.

True gives the answer to the question.

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In 2018, Bratten Fitness Company made the following cash purchases:
Nadusha1986 [10]

Answer:

Date           Particular                                         DR                          CR

a.               Patent                                               $214,500

                  Cash                                                                            214,500

          <em>Being total payment for the exclusive right </em>

<em>to produce X-core machine </em>

b.              Brand name                                        260,000

               Exercise Equipment                             403,000

                 cash                                                                       663,000

<em>Being the payment for the brand name of Silver Gym </em>

<em>and exercise equipment  </em>

<em>c.            </em>Copyright                                                  22,000

               Cash                                                                          22,000

<em>Being the payment for the exclusive right to sell Healthy book</em>

Explanation:

there is no journal enrty for the amount to be paid to Silver Gym on a monthly basis when the sales begin because the money has not been paid.

6 0
3 years ago
The account Work-in-Process Inventory: Group of answer choices Consists of completed goods that have not yet been sold. Consists
Rudiy27

Answer:

Consists of goods being manufactured that are incomplete.

Consists of materials to be used in the production process.

5 0
2 years ago
Read 2 more answers
Journalize the following selected transactions for January. Journal entry explanations may be omitted.
ycow [4]

Answer and Explanation:

The journal entries are shown below:

On Jan 1

Cash $14,000

     To Capital owner $14,000

(being cash received)

On Jan 2

Cash $9,500

    To Account service revenue $9,500

(being cash received)

On Jan 3

Account receivable $4,200

       To Service revenue $4,200

(being service provided on account)

On Jan 4

Advertising expense $700

       To Cash $700

(being cash paid is recorded)

On Jan 5

Cash $2,500

       To Account receivable $2,500

(being cash received)

On Jan 6

Owner drawings $1,010

       To cash $1,010

(being cash paid is recorded)

On jan7

Telephone expense $900

      To Account payable   $900

(Being telephone bill received)

On Jan 8

Account payable $900

         To cash

(being cash paid is recorded)

3 0
2 years ago
Bill wants to increase his herd of cattle on his farm. Right now, he his herd numbers around 100, and he has 100 acres of his fa
NISA [10]

Answer: Bill should analyze his current situation and evaluate the level of resources he has in present.

Explanation: In the given case, Bill has 100 herd and 100 acres of his farm for pasturisation, since the question is asking the advice from the aspect of a sociologist so the cost - profit analysis will not be taken into consideration.

As per a sociology approach of decision making, Bill should evaluate the capacity of his land for carrying out the operations and should set aside more land if he wants to increase the level of his activities.

5 0
3 years ago
Mervon Company has two operating departments: Mixing and Bottling. Mixing occupies 26,220 square feet. Bottling occupies 17,480
nordsb [41]

Answer and Explanation:

Given:

Mixing department occupies = 26,220 square feet

Bottling department occupies = 17,480 square feet.

Total maintenance costs = $204,000

Computation of total area:

Total area = (26,220 + 17,480) square feet

Total area = 43,700 square feet

Computation of mixing department maintenance costs:

Mixing department maintenance costs = Total maintenance costs(Mixing department area / Total area)

Mixing department maintenance costs = $204,000(26,220 / 43,700)

Mixing department maintenance costs = $204,000(0.6)

Mixing department maintenance costs = $122,400

Computation of bottling department maintenance costs:

Bottling department maintenance costs = Total maintenance costs(Bottling department area / Total area)

Bottling department maintenance costs = $204,000(17,480 / 43,700)

Bottling department maintenance costs = $204,000(0.4)

Bottling department maintenance costs = $81,600

5 0
3 years ago
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