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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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Kirkaid Company recorded the following transactions for the just completed month:
Illusion [34]

Answer:

The correct answer is $5,000.

Explanation:

According to the scenario, the given data are as follows:

Total raw material = $118,000

Direct material = $89,000

So, Indirect material = Total raw material - Direct material = $118,000 - $89,000

= $29,000

Total labor = $142,000

Direct labor = $122,000

So, Indirect labor = Total labor - Direct labor = $142,000 - $122,000

= $20,000

Additional actual manufacturing OH = $214,000

Applied manufacturing OH = $268,000

So, we can calculate the underapplied or overapplied overhead for the month by using following formula:

Underapplied or overapplied overhead = Applied manufacturing OH - Actual OH

= $268,000 - ( $29,000 + $20,000 + $214,000)

= $268,000 - $263,000

= $5,000

Hence, the overapplied overhead is $5,000.

6 0
3 years ago
.In 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value
cricket20 [7]

Answer:

The question is not complete,find below complete questions:

If you purchased a $50 face value bond in early 2017 at the then current interest rate of .10 percent per year, how much would the bond be worth in 2027? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. In 2027, instead of cashing the bond in for its then current value, you decide to hold the bond until it doubles in face value in 2037. What annual rate of return will you earn over the last 10 years?

The bond is worth $50.50 in the year 2027

The annual rate of return is 7.07%

Explanation:

The future value of the bond is given by the below formula:

FV=PV*(1+r)^N

where PV  is the present of the bond of $50

r is the rate of return of 0.10 percent=0.001

N is the duration of the bond investment of 10 years

FV=50*(1+0.001 )^10

FV=$50.50

However for the face of the bond to double i.e to $100, the rate of return can be computed thus:

r=(FV/PV)^(1/N)-1

where FV=$100 (double of $50)

FV=$50.50(current value in 2027)

N=10

r=($100/$50.50)^(1/10)-1

r=0.070707543

r=7.07%

5 0
3 years ago
TropiKana​ Inc., a U.S​ firm, has just borrowed euro​ 1,000,000 to make improvements to an Italian fruit plantation and processi
marta [7]

Answer:

$74,250  

Explanation:

The computation of interest pay at the end of the first year is given below:-

Interest pay at the end of the first year = Borrowed Euro × Euro at the time of loan × Interest rate per year

= 1,000,000 euro × $1.35/euro × 5.50%

= $74,250  

Therefore for computing the interest pay at the end of the first year we simply multiplied the borrowed euro, euro at the time of loan and interest rate per year.

3 0
3 years ago
Holding other factors constant, if food prices decline relative to the prices of other products, then the real wages of agricult
yawa3891 [41]

Answer: decrease; decrease

Explanation:

Agriculture is food production and sales, when there is a decline in prices of food it would affect the workers wages and reduce employment.

6 0
3 years ago
Which of the following is not a reason for relief from the substantial understatement​ penalty?A. reasonable cause and a good fa
bekas [8.4K]

Answer:

c- Reliance on a tax return preparer

Explanation

The substantial understatement penalty is a punishment that the IRS applies to taxpayers, it belong to the accuracy-related penalty. The IRS can impose it due to: careless, reckless, or intentional disregard of the rules or regulations.  There are ways for taxpayer to avoid the penalty for taking a position on a return that is contrary to a rule or regulation if the taxpayer properly discloses the position, but reliance on a tax return preparer is not among the options, as it does not by itself constitute reasonable reliance in good faith; also, a taxpayer needs to discuss the issue with the adviser.

8 0
2 years ago
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