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hichkok12 [17]
4 years ago
9

A project scope document is: A. a document that outlines the project's strategy, the responsibilities of project team members, a

nd the assessment measures that will determine the rate of success B. a one-paragraph statement about the scope of the proposed project C. a detailed document identifying the goals, scope and strategy for the proposed project D. a document that identifies the parameters or boundaries of the proposed system and how it fits into existing systems
Business
1 answer:
Andrei [34K]4 years ago
5 0

Answer:

The correct answer is letter "B": a one-paragraph statement about the scope of the proposed project.

Explanation:

The project scope document more often called thew Scope Of Work (SOW) is a paragraph describing the firm's objectives and what justifies attempting to reach that goal. The SOW also sets the limits of the operations of the company and describes exactly what steps and strategies it plans to develop. The SOW also attempts to align managers' and investors' achievements.

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Which of the following is a business plan most similar to?
kotegsom [21]

A business plan is a summarized formal document which would help a business to operate. This includes information such as; projected profit and loss, projected cashflow forecast, marketing, production, finance and human resources plan, etc. This is a road map of a business to its destination. Mostly new entrepreneurs draw up a business plan so that they can refer to it if they forget anything. This document would help to support bank loan applications.

8 0
4 years ago
Zoe, who is risk averse, purchased flight cancellation insurance which will cover the cost of her non-refundable $500 airline ti
miss Akunina [59]

Answer: Zoe’s maximum willingness to pay for the insurance is $50

Explanation:

From the question, we are informed that Zoe, who is risk averse, bought flight cancellation insurance which will cover the cost of her non-refundable $500 airline ticket if she is unable to travel due to illness wnd also that Zoe faces a 10 percent probability of becoming ill and then using the insurance.

The expected value of the insurance will be the cost of the airline ticket multiplied by the probability of her becoming ill. This will be:

= $500 × 10%

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= $50

Based on the calculation, it can be concluded that Zoe’s maximum willingness to pay for the insurance is $50.

8 0
3 years ago
Sox Corporation purchased a 30% interest in Hack Corporation for $1,525,000 on January 1, 2021. On November 1, 2021, Hack declar
Serjik [45]

Answer:

$1,200,000

Explanation:

SOX Corporation purchased a 30% interest for $1,525,000

On November 1, 2021, Hack declared and paid $1,100,000 million in dividends

Hence, Carrying value = $1,525,000 - 30%($1,100,000)

Carrying value = $1,525,000 - $330,000

Carrying value = $1,195,000

Net loss given during the year reported by Hack is $4,000,000

Hence, Net Loss of SOX is $4,000,000 * 30%

Net Loss = $1,200,000

Therefore, the net loss to be recognized in the Income statement is $1,200,000

3 0
3 years ago
Characteristics of insurance that distinguish insurance contracts from other general contract
Mars2501 [29]

Answer:

When attempting to get a better understanding of insurance, there are four unique characteristics that need to be done and they are conditional, unilateral, adhesion, and aleatory.

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4 years ago
When a company tracks gross profit by department, the sales journal will..? Please help limited time!
Ilya [14]

Answer: The answer to your question is C.

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3 years ago
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