Answer:
Project planning plays an essential role in helping guide stakeholders, sponsors, teams, and the project manager through other project phases. Planning is needed to identify desired goals, reduce risks, avoid missed deadlines, and ultimately deliver the agreed product, service or result.
Explanation: The key in planning is to look at each of the knowledge areas below and make sure you and your team will address each of these areas in ways that will help reach all the end goals.
Communications
Costs
Human resources
Procurement
Quality of deliverables
Business requirements
Risks
Schedules
Project scope
Stakeholders
The key to a successful project is in the planning. Creating a project plan is the first thing you should do when undertaking any project.
Often project planning is ignored in favor of getting on with the work. However, many people fail to realize the value of a project plan for saving time, money and many problems.
Answer:
D
Explanation:
it has it's own distinguishing characteristics ....Form used to record the cost chargeable to a specific job and to determine the total and unit cost of the completed job
Tom is a First line manager. First line managers are
managers who are supervising the people who are in the manufacturing field,
example of first line managers are foreman and shift heads. Their role is
directly coordinate to the workers by assigning tasks, checking the quality of employees’
works, and giving heads up information to executive managers of the success and
problems that arise in the company.
Answer:
Straight-line method:
- depreciation expense year 1 = ($39,000 - $4,000) / 5 = $7,000
- depreciation expense year 2 = $7,000
- depreciation expense year 3 = $7,000
- depreciation expense year 4 = $7,000
- depreciation expense year 5 = $7,000
200 declining balance method:
- depreciation expense year 1 = 2 x 1/5 x $39,000 = $15,600
- depreciation expense year 2 = 2 x 1/5 x $23,400 = $9,360
- depreciation expense year 3 = 2 x 1/5 x $14,040 = $5,616
- depreciation expense year 4 = 2 x 1/5 x $8,424 = $3,369.60
- depreciation expense year 5 = $5,054.40 - $4,000 = $1,054.40
Sum-of-years-digits method:
- depreciation expense year 1 = 5/15 x $35,000 = $11,666.67
- depreciation expense year 2 = 4/15 x $35,000 = $9,333.33
- depreciation expense year 3 = 3/15 x $35,000 = $7,000
- depreciation expense year 4 = 2/15 x $35,000 = $4,666.67
- depreciation expense year 5 = 1/15 x $35,000 = $2,333.33
Answer:
Investment Spending or Capital Expenditure.
Explanation:
Capital Expenditure or Investment Spending mainly deals with business expenditure on capital goods or factor/inputs of production which are used in the production process.