Answer:
True
Explanation:
Project checklist is an important tool in this situation.
The checklist can be used to trace responsibility to individuals of timelines or milestones not yet achieved,this way the individual project handler's performance can be measured and lessons can be drawn from this which serve as veritable tool in future project handling.
Projects are broken down into small portions in order to ensure each area is handled by an expert,hence when there are incomplete activities at close-out,it is naturally expected that those individuals would take ownership of their incomplete tasks
Answer: $0
Explanation: The total amount of an individual's Gross income which is taxed is called the taxable income. An individual's Adjustable Gross Income may include expenses such as charitable contribution, mortgage interest, medical and some other eligible expenditure which are are deducted in other to lessen the taxable income of such individual. Such deductions are called the Itemized deductions.
However, personal expenses DO NOT CONTRIBUTE to an individual's Itemized deduction and as such, MIKE HANSEN'S ITEMIZED DEDUCTION IS ZERO.
The $6000 incurred is classed under personal expenditure and is not deductible.
Income statement, statement of stockholders' equity, balance sheet, statement of cash flows.
Financial statements are compiled in a specific order due to the fact information from one statement contains over to the next assertion. The trial stability is the first step within the method, followed by means of the adjusted trial balance, the income statement, the balance sheet and the statement of owner's equity. The financial statements ought to be prepared within the following order earnings statement, retained earnings statement, balance sheet and statement of coins flows.
Balance sheet is prepared as of a specific date while Income statements, retained earnings statement, and a statement of cash flows are all for a period of time such as a month.
A complete set of financial statements comprises: a statement of financial position as at the end of the period; a statement of profit and loss and other comprehensive income for the period.
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Answer: C) limit the downside risk of asset ownership
Explanation:
The protective put is a strategy I risk-management which is utilized by the investors in order to help prevent a loss in an asset or stock.
Protective puts helps to act as an insurance by giving protection from the decline of the price of the asset.