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Ad libitum [116K]
3 years ago
9

During project executing, a team member comes to the project manager because he is not sure what work he needs to accomplish on

the project. Which of the following documents contains detailed descriptions of work packages?A. WBS dictionaryB. Activity listC. Project scope statementD. Scope management plan
Business
1 answer:
vfiekz [6]3 years ago
8 0

Answer:

The correct answer is A. WBS dictionary.

Explanation:

The WBS (work breakdown structure) or Work Decomposition Structure (WDS) provides a common reference framework for all project elements and for the estimation and programming of specific tasks within the project. time, resources and quality within the project plans.

A good work breakdown structure encourages a systematic planning process, reduces the possibility of omitting key elements of the project, and simplifies the project through its division into manageable units. It is a tool to follow the progress of the project.

If WBS is used as the common skeleton for programming and for estimation, communication between professionals working on the project will be facilitated.

A WBS is, or should be, a uniform, consistent and logical method of dividing a project into smaller, more manageable components for planning, estimation and control.

A WBS oriented to deliverables facilitates and encourages the exchange of information. Ideally, there should be some uniformity and consistency in the WBS. In order to achieve uniformity, "all children of the same father" must be developed on the basis of the same base.

The ultimate goal is to achieve a WBS that highlights a logical organization of products, components and modules.

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During the current accounting period, Malibar Farms Company paid $2,000 for advertising services in advance of receiving them. P
Oksana_A [137]

Answer:

B. Advertising Expense 500 Prepaid Advertising 500

Explanation:

The journal entry is shown below:

1. Prepaid Advertising A/c Dr $2,000

               To Cash A/c $2,000

(Being the prepaid advertising is paid)

2. Advertisement expense A/c Dr $500

        To  Prepaid Advertising A/c $500

(Being the adjusting entry is recorded)

Since for three-fourth is received, so one-fourth is still pending which would be

= $2,000 - $1,500 ($2,000 × 3 ÷ 4)

= $500

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3 years ago
Sergio likes to drive and thinks that gas will be around forever. What is the problem with Sergio's thinking?
melomori [17]

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3 years ago
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A stock has a required return of 11%; the risk-free rate is 7%; and the market risk premium is 4%.
kotegsom [21]

Answer:

The Beta is 1

The required return increases to 13%

Explanation:

The formula for required return is given below:

Required Return = Risk-Free Rate of Return + β(Market Return – Risk-Free Rate of Return)

required return is 11%

risk-free rate of return=7%

Beta is unknown

market return-risk free rate of return is market risk premium is 4%

11%=7%+beta(4%)

11%-7%=beta*4%

4%=beta*4%

beta=4%/4%

beta=1

If the market risk premium increased to 6%,required return is calculated thus:

required return=7%+1(6%)

required return =13%

This implies that the riskier the stock, the higher the market risk premium, the higher the required return to investors.

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4 years ago
Match the personal accounts to their categories
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4 years ago
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