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Andre45 [30]
3 years ago
12

A project is a time-bound effort constrained by performance specifications, resources, and budget to create a unique product or

service. a. True b. False
Business
2 answers:
Mnenie [13.5K]3 years ago
7 0

Answer:

a. True

Explanation:

In addition to the definition above, most project goals and plans usually are more specific in the early stage of work even until it is completed.

77julia77 [94]3 years ago
7 0

Answer:

TRUE

Explanation:

It is a true assertion that a project is a time-bound effort constrained by performance specifications, resources, and budget to create a unique product or service.

There are 3 things that define a project - Scope, Cost and Time.

Scope: Every project has an aim to achieve and involves the achievement of specific goals, deliverables, features and functions.

Cost: The project must have a specified budget which represents the cost to achieve the goal(s) of the project

Time: Every project must be delivered within a specified time.

Therefore the definition offered above is an appropriate definition of a project

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Ajay borrowed $6000 cash from his friend Tim, *
ad-work [718]

Answer:

Ajay account will be credited with $6000. While Tim account will be debited by $6000

6 0
3 years ago
If a county government decided to build parks, then the money and resources would not be available for additional fire fighters.
Keith_Richards [23]

Answer:

a. Misallocation of resources

Explanation:

Misallocation of resources implies that assets are not put to their best, best, or proficient use. The utilization of the term misallocation in financial matters is that market analysts recognize two kinds of efficiencies: productive and allocative. The productive alludes to the (effective) utilization of assets to deliver given merchandise and ventures. The allocative alludes to which merchandise and enterprises ought to be created, and who ought to get the opportunity to devour them. Financial matters are generally worried about allocative thought of productivity.

3 0
3 years ago
Exercise 6-16 Kaleta Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inv
Irina18 [472]

Answer:

Cost of goods available for sale=$1,640

Explanation:

To calculate the cost of goods available for sale, we need to first calculate the available units of inventory;

Available inventory=Inventory purchased-inventory sold

where;

Inventory purchased are as follows;

On June 1>>>>>purchased 410 units each at $8

On June 12>>>>purchased 820 units each at $9

On June 23>>>>purchased 615 units each at $10

Total inventory purchased=(410+820+615)=1,845 units

Inventory sold are as follows;

On June 15>>>>sold 902 units each at $11

On June 27>>>>sold 738 units each at $12

Total inventory sold=(902+738)=1,640 units

Available inventory=(1,845-1,640)=205 units

The cost of goods sold can be expressed as;

Cost of goods available for sale=Cost per unit×number of units

where;

Number of units of inventory=205

Cost per unit=least cost per unit=$8

replacing;

Cost of goods available for sale=(8×205)=1,640

Cost of goods available for sale=$1,640

8 0
3 years ago
Which of the following is one of the actual requirements in order to obtain a management position in agriculture?
Over [174]

It is 2, "Experience".

7 0
3 years ago
Economists expect the firm to maximize __________, the laborer to accept the best __________, and the consumer to find the combi
algol13

Answer:

The correct answer is option d.

Explanation:

The firms are expected to maximize profits, the laborers are expected to accept the best offer and the rational consumer is expected to choose the bundle of good that maximizes utility.

Firms will produce the output level where their profits are maximized. The consumer will consume at the level where their total utility is maximized and the laborer will accept the best offer to maximize his benefit.

7 0
3 years ago
Read 2 more answers
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