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3 years ago

Ideally, you should develop a risk management plan for a specific project because _________

Business

1 answer:

rusak2 [61]3 years ago

7 0

Answer: Option B

Explanation:

A risk management plan is a document which is prepared by the project manager to eliminate the risks and chances of any loss or issues related to the project.

Every project has to follow the risk management plan to ensure the safety of the people and capital invested in the project.

It is also contained in the documents of the risk assessment plan which has to be followed by project manager and people.

It is decided during the baseline, the risks and the cures related to the project. As the boss and the project manger is committed to follow the risk management techniques it should be considered on a priority basis.

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During the month of June, Betty Incorporated purchased goods from two suppliers. The sequence of events was as follows: June 3 P

Assoli18 [71]

Answer:

Betty Incorporated

Journal Entries:

June 3:

DR Inventory $7,100

CR Accounts Payable (North Inc.) $7,100

To record the purchase of goods on account with terms 2/10, n/30.

June 5:

DR Accounts Payable (North Inc.) $2,600

CR Inventory $2,600

To record the return of goods on account.

June 6:

DR Inventory $2,500

CR Accounts Payable (South Corp.) $2,500

To record the purchase of goods on account with terms 2/10, n/30.

June 11:

DR Accounts Payable (North Inc.) $4,500

CR Cash Account $4,410

CR Cash Discount $90

To record the payment of balance owed to North Inc.

June 22:

DR Accounts Payable (South Corp.) $2,500

CR Cash Account $2,500

To record the payment of balance owed to South Corp.

Explanation:

The trade terms 2/10, n/30 mean that both North Inc. and South Corp. offered 2% cash discounts on amount paid by Betty Incorporated if it could settle its bills within 10 days. The net allowed credit days are 30 days, after which Betty Incorporated could be charged interest for late payment. It did not utilize the discount offered by South Corp. as it paid its bills after 16 days instead of within 10 days as stated in the trade terms.

7 0

4 years ago

Choose the option that best matches the description given.

jekas [21]

The answer is A welfare rules

5 0

3 years ago

Read 2 more answers

A company uses the weighted-average method of inventory valuation under a periodic inventory system. The company began the year

Lady bird [3.3K]

Answer:

$935.61

Explanation:

Firstly, we need to calculate weighted average inventory cost at every time anchors (purchase - in or sell - out)

At time t = 1, 64 units @ 5 per unit.

At time t = 2, 64 + 110 = 174 units @ (64 x 5 + 110 x 5)/(64 + 110) = 5 per unit.

At time t = 3, 174 - 90 = 84 units @ 5 per unit.

At time t = 4, 84 + 55 = 139 units @ (84 x 5 + 55 x 6)/(84 + 55) = 5.40 per unit.

At time t = 5, 139 - 90 = 49 units @ 5.40 per unit.

Cost of goods sold for the year = 90 x 5 + 90 x 5.40 = $935.61

7 0

4 years ago

Lakeland Company is considering the purchase of equipment for $150,000. The equipment will expand the Company's production and i

bearhunter [10]

Answer:

13%

Explanation:

The computation of the average rate of return on the investment is shown below:

= Annual net income ÷ average investment

The annual net income is shown below:

Increase in revenue $40,000

Less: Increase in expenses ($25,000)

Pretax income from investment $15,000

Less: Income tax expense $5,250 ($15,000 × 35%)

Net income from investment $9,750

The computation is shown below:

For increase in expense

= Annual cash operating expenses + Depreciation expense based on straight line method

= $10,000 + ($150,000 - $0 ÷ $10,000)

= $10,000 + $15,000

= $25,000

And, the average investment would be

= (Initial investment + salvage value) ÷ 2

= ($150,000 + $0) ÷ 2

= $150,000 ÷ 2

= $75,000

Now put these values to the above formula

So, the rate would equal to

= $9,750 ÷ $75,000

= 13%

3 0

3 years ago

Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat

kicyunya [14]

Answer:

Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.

However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

Explanation:

6 0

3 years ago