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Jobisdone [24]
3 years ago
10

Complex projects such as research and development for new products often employ rolling wave planning to estimate costs. Which o

f the following best describes "rolling wave" planning? a. Project managers render a definitive estimate for the first stage and an order of magnitude estimate for the remainder of the project. b. Project managers render definitive estimates for all stages of the project during initiation. c. Project managers render an order of magnitude estimate for the first stage and a definitive estimate for the remainder of the project. d. Project managers render an order of magnitude estimate for all stages of the project.
Business
2 answers:
Aleks04 [339]3 years ago
3 0

Answer:

A. Project managers render a definitive estimate for the first stage and an order of magnitude estimate for the remainder of the project.

Explanation:

Project managers should not lie to themselves or others regarding project costs. Fixed costs remain the same regardless of the size or volume of work, while variable costs vary directly with volume of use. The project scope does not come into play when considering fixed and variable cost choices.

To provide an up-to-date record of commitments and authorized within budgets so that unexpected over/under run costs do not result, ensuring that all transactions are properly recorded and authorised and, where appropriate, decisions are justified.

storchak [24]3 years ago
3 0

Answer:

A

Explanation:

In a Rolling wave technique, a project manager is able to plan a project while it is taking place.

An example is where a project manager is faced with a project that has to be done in 10 months. And after estimating costs, the financial resources available could only run for the first 3 months. In this case the first 3 months are already accounted for. This is the definitive estimate for the first stage.

As the project progresses and more financial resources are available, the following months can be planned.

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How does economic factors affect business.
OverLord2011 [107]

Answer:

Economic factors directly impact business and are essential factors that can help or impede the organisation in accomplishing its targets. Financial factors that ordinarily influence organizations to incorporate wages, loan and banking transactions. Overall, micro and macroeconomic both factors play a crucial role in predicting and forecasting business dealings and there long-term stability and growth.

Explanation:

Some of the significant economic factors that influence businesses directly are exchange rate, interest rate, unemployment rate, inflation rate, monetary policy, fiscal policy, taxes and many other micro and macro variables factors undertake a critical job in assessing how the business will perform in long- run and how much profits they will make.

Interest rate directly affects the loan ratio, which is linked with banking transactions. Those businesses which are associated with banks and rely heavenly on taking out large loans are affected by the economic decision regarding interest rate fluctuations. The exchange rate has diverse effects of business; however, they significantly affect business which is linked with import and exports.  Changing exchange rates may influence how a lot of an organization needs to pay to its global partners to fulfil them, which can influence overall revenues.

Taxes are an essential element of fiscal policies of the government which affect business, and usually, organisations make decisions by predicting next year’s fiscal policy. Increase in taxes negatively affects the revenue generation of businesses, and it affects their profitability. On the other hand, an increase in the gross domestic product (GDP) of a country positively affect businesses, and it helps businesses to go domestically, and globally it provides locals with job opportunities and more wealth generation for businesses. Furthermore, economic policy is  also strongly linked with another all factors and play a vital role in overall business growth or decline in a country. In general, economics is an essential factor which can influence organizations. Although they relate to the economy on a broader scale, they significantly affect the inward activities of every business and organization.

8 0
3 years ago
The __________ theory of a business's duties to consumers claims that a business has four main moral duties: the basic duty of
Soloha48 [4]

Answer:

Contractual

Explanation:

The complying with the terms of a sales contract, and the secondary duties of theory of a business's duties to consumers claims that a business has four main moral duties.

4 0
2 years ago
Transactions Interstate Delivery Service is owned and operated by Katie Wyer. The following selected transactions were completed
nalin [4]

Answer:

1. Transaction: Received cash from owner as additional investment $18,000

Accounting equation element: Asset and Equity

Direction: Cash increases Equity increases

Account:  Cash and Wyer capital

2. Transaction: Paid advertising expenses $4,850

Accounting equation element: Asset and equity

Direction: Cash decreases Equity decreases

Account:  Cash and equity

3. Transaction: Purchase supplies on account $2,100

Accounting equation element: Asset and Liability

Direction: Asset increases Liability increases

Account:  Supplies and Accounts payable

4. Transaction: Billed customers for delivery services on account $14,700

Accounting equation element: Asset and Equity

Direction: Asset increases Equity increases

Account:  Accounts receivable and equity

5. Transaction: Received cash from customers on account $8,200

Accounting equation element: Asset and Asset

Direction: Cash increases and accounts receivable decreases

Account:  Cash and accounts receivable

5 0
2 years ago
Interest versus dividend expense Michaels Corporation expects earnings before in- terest and taxes to be $50,000 for the current
Ganezh [65]

Answer:

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

Explanation:

Earnings before Interest And Taxes (EBIT) = $50,000

a. In case of interest paid

EBIT = $50,000

Less: Interest = $12,000

Earnings Before Taxes = $50,000 - $12,000 = $38,000

Less: Tax @35% = $38,000 X 0.35 = $13,300

Earnings After Tax =$38,000 - $13,300 = $24,700.

This is the value available for common stock.

b. In Case Preferred Dividend is Paid

EBIT = $50,000

Less: Taxes @ 35 % = $50,000 X 0.35 = $17,500

Earnings After Tax = $50,000 - $17,500 = $32,500

Less: Preference Dividend = $12,000

Earnings available for equity or common stock = $32,500 - $12,000 = $20,500

The difference is of tax benefit on payment of interest as that is taxable and preference dividend is not taxable.

a. In case of interest paid = $24,700.

b. In Case Preferred Dividend is Paid = $20,500

7 0
2 years ago
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