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iren [92.7K]
3 years ago
15

Although it is extremely difficult to make accurate forecasts of the revenues that a project will generate, projects' initial ou

tlays and subsequent costs can be forecasted with great accuracy. This is especially true for large product development projects. a. True b. False
Business
1 answer:
qaws [65]3 years ago
8 0

Answer: False

Explanation:

Forecasting Costs and Initial outlays are generally just as hard to predict as Revenue Forecasts. The future is hard to predict and does not differentiate between Costs and Revenues and in the case of Larger Projects, it is EVEN HARDER to forecast costs as their costs could widely deviate from initial estimates once they begin.

Take for example large scale government projects with the Berlin Brandenburg airport being a shinning example. It was supposed to open in 2012 but has still not opened till today and is billions of Euros off the initial cost projection.

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1. ignorance of laws/statutes/regulations in each country and communication issues

2. vulnerability of being a new entry in global competition

3. off-site business, finding trustworthy trade partners whom you've never met
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If you are hired by an organization, you would be least hurt by inflation if Group of answer choices Your employer has a cost-of
DiKsa [7]

If we are hired by an organization, we would be least hurt by inflation if "the government increases social security retirement payments in anticipation of expected inflation".

<h3>What is social security retirement payments?</h3>

Benefits from Social Security offer qualified retired adults and those with disabilities, as well as their spouses, children, and survivors, a portion of a replacement income.

To be eligible for benefits, a person must contribute to the Social Security system during their working years and accumulate 40 credits.

The role of social security in protecting against inflation are-

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To know more about the Consumer Price Index, here

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5 0
2 years ago
Q 2.3: mason corporation purchased a piece of land 5 years ago when the price of land was low. it plans to develop the land into
TiliK225 [7]

On their classified balance sheet, Mason Corporation would classify this land as  <u>"a long term investment".</u>


A long-term investment refers to an account on the asset side of an organization's monetary record that speaks to the organization's speculations, including stocks, bonds, land and money, that it expects to hold for over a year. The long-term investment account varies to a great extent from the short-term investment in that the transient speculations will no doubt be sold, while the long haul speculations may never be sold.

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3 years ago
A buyer is concerned that new construction a mile away could have a negative environmental impact on the home they are consideri
bazaltina [42]

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Yes,they can make the contract to buy/sell contingent on the result of an environmental impact report

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Being cautious of the welfare of the local community is an example of ethical consideration in business in some countries,while it is a legal and ethical consideration in some other countries, especially the advanced nations of the world.

Little wonders how the cleanup of the contamination caused by BP in 2010 cost the company about $65 billion in restoration and clean up,legal fees  as well as  settlements paid to affected parties.

Businesses must as point of duty have regard for environmental impact and footprints

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What components of GDP (if any) would each of the following transactions affect? Explain.
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Answer:juiicjdjddh

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