Answer:
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Explanation:
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Answer:
$680,759
Explanation:
In order to calculate the interest expense in the year 2022, we need to calculate the percentage of effective interest first.
Interest rate = Interest for period 1/ opening outstanding balance
Interest rate = $344,632/11,487,747
Interest rate = 0,0299 or 3%
Interest expense for first 6 months of 2022 = $341,261
Interest expense for remaining 6 months of 2022 = 11,316,611 x 3%
Interest expense for remaining 6 months of 2022 = $339,498
Total interest expense for 2020 = $341,261 + $339,498
Total interest expense for 2020 = $680,759
Answer:
a. The contractor has spent 85% of the budget.
Explanation:
Cost Performance Index measures the financial efficiency of the projects under consideration. It is a method which measures the work completed for every unit of cost spent on the project.
EAC = BAC + BCWS - BCWP
EAC = 10 + (7-6)
EAC = 11
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:
True
Explanation:
Firms and organisations need to register their companies as this helps them to avoid any problem related to the company's name and trademark in the future. Furthermore, trademark protection prevents another firm to copy another firms name, logo or tagline which can create confusion in the minds of potential buyers. Trademark protection costs a very minimal amount but protects a company's name.
