Organizations that have never dealt with one or never established an Earned Value Management System frequently undervalue the importance of the IBR (EVMS). An IBR: Offers a chance to contrast the expectations of the Customer Program Manager(s) with those of the Contractor Program Managers who are actually executing the project.
<h3>Why is an integrated baseline review important?</h3>
The IBR creates a shared knowledge of the baseline for project performance measurement. Through this knowledge, a plan of action for assessing the risks present in the program's performance measurement baseline and the management procedures in use during project execution will be agreed upon.
<h3>What is earned value management?</h3>
In order to monitor progress against a baseline, identify issues, and anticipate cost (and, to some extent, schedule) at completion, Earned Value Management (EVM), a project performance management technique, integrates cost, schedule, technical scope, and risk.
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Answer:
Service culture
Explanation:
Service culture can simply be defined to be an organizational culture in which employees collectively think or work towards providing quality service whhich is the main aim of the business.
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Quantity increases while price drops. "<span>The </span>law of demand<span> is a microeconomic </span>law<span> that states, all other factors being equal, as the price of a good or service increases, consumer </span>demand for the good or service will decrease, and vice versa." - i<span>nvestopedia.com </span>
Answer:
C) a debit to Merchandise Inventory and a credit to Accounts Payable
Explanation:
The journal entry to record the purchase of inventory on account by using the perpetual inventory system is shown below:
Merchandise Inventory A/c Dr XXXXX
To Accounts Payable A/c XXXXX
(Being merchandise is purchase on credit)
Simply we debited the merchandise inventory account and credited the account payable account so that the correct posting can be done.
Answer:
False
Explanation:
On the contrary, high economic growth may lead to high inflation. Economic growth is indicated by an increase in the value of the gross domestic product GDP. The GDP measures economic growth by calculating the values of all the finished goods and services in a country per period.
Economic growth may be a result of an increase in aggregate demand. The government may institute monetary and fiscal stimulus measures that increase the demand for goods and services. Increased demand results in inflation because consumers will have too much cash, but few goods and services are available. When growth is due to an increase in productivity, inflation is minimal. Inflation is a general increase in prices. Prices usually go up with an increase in economic activities.
