Answer:
a. Manpower staffing
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.
Enterprise project management (EPM) can be defined as a strategic process which typically involves managing various projects on a large scale.
Some of the processes integrated into an enterprise project management methodology include the following;
I. Total quality management: it is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.
II. Scope change management: it involves defining what the objective and goal of a project is.
III. Risk management: it can be defined as the process of identifying, evaluating, analyzing and controlling potential threats or risks present in a business as an obstacle to its capital, revenues and profits.
Answer:
B. Retained Earnings
D. Accumulated Depreciation
F. Wages Payable
H. Interest Payable
Explanation:
Retained earnings will be reported in the Equity section of the balance sheet.
Accumulated depreciation will be reported in the Fixed assets section of the balance sheet and will be used to calculate Net Book Value.
Wages and Interest payable are both current liabilities to reflect that the company owes wages and interest payments.
Answer:
D. Worksheet is a tool used in preparing adjusting entries and the financial statements, and the use of worksheet is optional
Explanation:
The correct option D because worksheet is used to adjust value and prepare the financial statements and it is not mandatory to use.
The post-closing trial balance might show that accounting equation is balanced but not every time. It only ensure the total of debits balances and total of credits balances are equal. All transaction might not correctly journalized.
The accounting cycle starts with analyzing the business transactions and ends with the preparation of a Financial Statements.
Property, Plant and Equipment are our physical, tangible and long term assets which include all land, office, building, Machinery, equipment and vehicles.
Answer:
overhead
direct labor
direct materials
Explanation:
Process operations can be regarded as process manufacturing it can be explained as mass production method that is been followed when producing products following a continuous flow.
It can be regarded conveyer belt system which brings about production of identical as well as standardized item with fast rate as regards the speed. It should be noted that In a process operation, each process has a separate department which will accumulate costs for ;
✓overhead ( ongoing costs that is gotten in operation of a business)
✓direct labor
✓direct materials
