One popular system for defining effective goals uses the acronym SMART, which stands for: SPECIFIC, MEASURABLE, ATTAINABLE, REALISTIC AND TIMELY.
SMART is an acronym that define the characteristic of a goal that is considered an excellent one. A goal that one wants to achieve must have some features which make it possible for one to achieve the goal. The goal must be specific, that is, one must be able to define specifically what one want to achieve. The goal must be measurable, that is, you must be able to measure the progress you have made so far. The goal must be attainable, it must be realistic, something that is possible for you to achieve. The must goal must also have a life span, that is, the period during which the goal must be achieved.
Answer:
D) Recognized $8.91 million loss on the project in 2022.
Explanation:
The computation is shown below:
For Year 2021:
Percentage of work completed in the year 2021 is
= $40 ÷ ($40 + $84)× 100
= $40 ÷ $124 × 100
= 32.26%
Profit on the contract is
= Contract price - Already incurred cost - Expected cost
= $162 - $40 - $84
= $38
Profit to be recognized in the year 2016 is
= profit × percentage of completion
= $38 × 32.26%
= $12.256
For Year 2022:
Percentage of work completed in the year 2017 is
= ($40 + $65) ÷ ($40 + $65 + $52)
= $105 ÷ $157 × 100
= 66.88%
Profit on the contract is
= Contract price - Already incurred cost - Expected cost
= $162 - $40 - $65 - $52
= $5
Profit that should be recognized till the year 2017 is
= profit × percentage of completion
= $5 × 66.88%
= $3.344
Profit to be recognized in the year 2017 is
= $3.344 - $12.256
= 8.91 million loss
Answer:
<h3>the labor market</h3>
Explanation:
<h2>#carry on learning</h2>
