Accounting is one of the main components to being able to manage a company, their inventory, assets, revenue and debt. Without the methods of accounting, how would management be able to understand how to business is doing financially so they can continue what they are doing or find new solutions? Management accounting focuses on gathering data from internal and external sources and turning it into factual data that a company uses to make decisions.
Answer:
COGS= Revenue- Gross profit
Explanation:
exactly speaking, operating profit refers to the net profit and COGS=sales revenue - gross profit. so try to find the data of gross profit instead of operating profit (net profit)
If you don't have data of gross profit, you can attempt this equation:
gross profit = operating profit (net profit) + operating expense + (depreciation and amortization)
Digital Divide:
The digital divide is nothing but a term that refers to the gap which usually exist between individuals who have the capacity to access communication technology,modern information and those who lack such access.
Solutions for Digital divide:
- Increase affordability.
- Empowering users.
- Improve the relevance of online content.
- Internet infrastructure development.
Increasing affordability:
One of the main cause for the increase in the rate of individuals who lack access to internet is due to its high rate of affordability. Internet Taxes, Electricity rates must be made less and Government must help them through various digital tools.
Empowering users:
Most of them fail to realize the full use of Internet and its information. Empowering the internet users and making them realize the true potential of Internet technology can help them access it easily.
Improve the relevance of online content:
Most of the individuals can't use internet because they can't find content, online services ,web and mobile applications in their language which they can understand. Thus improving the relevance of Online content by making availability for all possible languages can sort the gap of digital gap.
Internet infrastructure development:
Lack of Infrastructure can also reduce the rate of individuals accessing internet. Thus by increasing the infrastructure can reduce the gap between Digital divide
Answer: Minimum 62 years
Explanation: As per the rules, the youngest borrower must have attained the age of 62 years to qualify for reverse mortgage loan. There are several other requirements as well.
HUD financial criteria also needs to be fulfilled by the borrower. The home in which borrowers be living must be their prime residence and the required home equity will also be required.
Validated changes and validated deliverables are the outputs of the monitoring and controlling sub-process of project quality management.
Project quality management is the process in which the quality of all activities is measured continuously and taking the corrective action until the desired quality is achieved.
Quality management processes help the organization to control the cost of a project, after controlling the cost of project standards are established and the steps in achieving and confirming those standards are determined.
Effective quality management of a project must lowers the risk of product failure or unsatisfied and unhappy clients.
Project quality management occurs with these three processes:
Quality planning
Quality assurance
Quality control
To learn more about project quality management here:
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