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2 years ago

Inception is the initial short step to establish a common vision and basic scope for the project.

Business

1 answer:

exis [7]2 years ago

8 0

Answer:

true

Explanation:

Things to consider in the inception stage are the vision of the project, the feasibility of the project, cost estimate and if the project should be undertaken.

some of the steps taken in the inception stage includes:

the analysis of the critical non-functional requirement

the creation of a business case,

Preparation for the elaboration phase

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At year-end (December 31), Chan Company estimates its bad debts as 0.50% of its annual credit sales of $823,000. Chan records it

Rudiy27

Explanation:

The journal entries are as follows

On December 31

Bad debt expense Dr $4,115 ($823,000 × 0.50%)

To Allowance for doubtful debts $4,115

(Being the bad debt expense is recorded)

On Feb 01

Allowance for doubtful debts Dr $412

To Account receivable $412

(Being the uncollectible amount is recorded)

On June 5

Account receivable $412

To Allowance for doubtful debts Dr $412

(Being the uncollectible amount is recorded)

On June 5

Cash Dr $412

To Account receivable $412

(Being the cash received is recorded)

5 0

2 years ago

If customer satisfaction does not always lead to customer loyalty, firms may need to focus additional effort on _____ strategies

mihalych1998 [28]

The firms may need to focus additional effort on retention strategies.

Retention strategies are means employed by firms to retain their customers both new and existing, over some specified period.

Where a company has high customer retention, it means customers would continue to patronize the company's products and not not defect to another product or business.

Customer retention process starts with the first point of contact in an organization and spread through the whole duration of the customer's relationship with the organization.

Learn more at: https://brainly.com/question/4310845

5 0

2 years ago

Gross Inc. signs a five-year licensing agreement with Maiger Company. Gross Inc. will pay Maiger annual installment payments of

olganol [36]

Answer:

$4,500

Explanation:

First, calculate the total Installment

Total Installment payment = Annual Installment x Numbers of annual

Where

Annual Installment = $10,500 per year

Numbers of annual = 5 years

Installment payment = $10,500 per year x 5 years

Installment payment = $52,500

Now use the following formula to calculate the Interest payent

Interest payment = Installment Payment - Fair value of contract

Where

Installment Payment = $52,500

Fair value of contract = $48,000

Placing values in the formula

Interest payment = $52,500 - $48,000

Interest payment = $4,500

7 0

3 years ago

The Carter Corporation makes products A and B in a joint process from a single input, R. During a typical production run, 50,000

klemol [59]

Answer: $54,000 per production run

Explanation:

As we are dealing with the decision of whether or not to process the good further, the irrelevant cost would be the cost of producing product B from input R.

This is because this cost has already been incurred to produce product B and so is a sunk cost. Sunk costs are irrelevant to the decision to process further.

30,000 units of B were made from 90,000 units R so the cost of B is:

= 30,000 / 50,000 * 90,000

= $54,000

The options here are probably for a variant of this question.

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3 years ago

If your supervisor is hesitant about accepting your ideas, your best strategy would be to a. preview your conclusion before you

rjkz [21]

Selection C is the most appropriate. By establishing credibility at the outset of your proposal, you can make it clearer that you understand the scope of the problem you're trying to solve. This can also make is easier for your supervisor to develop questions that he or she may have as a way of teasing out some more specifics about your plans and suggestions.

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3 years ago