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belka [17]
3 years ago
10

In Government contracting, one criterion for cost allowability is that the contractor's costs must comply with Generally Accepte

d Accounting Principles (GAAP) and _________________.
a. ISO 9001 Principles
b. Government Cost Accounting Standards (CAS)
c. Lean Manufacturing Principles
d. Cost as an Independent Variable (CAIV) Principles
Business
1 answer:
worty [1.4K]3 years ago
7 0

Answer:

b. Government Cost Accounting Standards (CAS)

Explanation:

The process of government contracting is usually a very legal activity that requires contractors to be well qualified so as to receive the government contracts. There are certain principles that are required to be met on cost allowability, the principles include the Generally Accepted Accounting Principles (GAAP) and the nineteen principles of Government Cost Accounting Standards (CAS). These two principles are closely inspected by the government to make sure that the contractors adhere to them. The correct answer is B.

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A musician is looking to sell off future royalties income in return for an upfront payment. His banker plans to raise $55 millio
ra1l [238]

Answer and Explanation:

Given:

Bond price = $10,000

Dividend rate = 7.9% per year

A. Computation of Dividend receive each 6 months :

Dividend rate for 6 month = 7.9% / 2 = 3.95% = 0.0395

Dividend receive each 6 months = Bond price × Dividend rate for 6 month

Dividend receive each 6 months = $10,000 × 0.0395

Dividend receive each 6 months = $395

B. Computation of amount receive at the end of ten years:

Amount receive at the end of ten years is equal to face value of bond

Amount receive at the end of ten years = $10,000

6 0
3 years ago
Quantities $r$ and $s$ vary inversely. When $r$ is $1200,$ $s$ is $0.35.$ What is the value of $s$ when $r$ is $2400$? Express y
nignag [31]

Answer:

The value of s is 0.175.

Explanation:

Given,

r and s vary inversely,

That is,

r\propto \frac{1}{s}

\implies r=\frac{k}{s}

Where, k is the constant of proportionality,

We have, r = 1200 if s = 0.35,

\implies 1200 = \frac{k}{0.35}

\implies k=1200\times 0.35 = 420

Thus, the equation that shows the relation between r and s is,

r=\frac{420}{s}

\implies s=\frac{420}{r}

If r = 2400,

s=\frac{420}{2400}=0.175

5 0
3 years ago
What is “active listening”?
notka56 [123]

Answer:

Active listening is a technique that is used in counseling, training, and solving disputes or conflicts

5 0
3 years ago
Read 2 more answers
On september 1, capitol maintenance company contracted to provide monthly maintenance services for the next nine months at a rat
VARVARA [1.3K]

U<span>pon receiving the $21,600 payment of the client, Capitol should recognize a deferred revenue. Deferred revenue </span>is<span> the receipt of compensation when the services are</span> <span>not yet rendered. </span>Since they<span> started on September 1, </span><span>they </span>have rendered four months of service to the client until December 31. The rate of their services is $2,400 per month. Therefore, they have earned $9,600 for the current year. This is the adjusting entry to recognize revenue for the year: 

Deferred Revenue                          9,600

       Service Revenue                                       9,600

<span>               #</span>

3 0
4 years ago
An appraiser encounters an underground storage tank and there are no signs of failure. An appraisal could be performed under the
maksim [4K]

Answer:

extraordinary assumption

Explanation:

An extraordinary assumption often used in Real Estate, used under the Uniform Standards of Professional Appraisal Practice (USPAP), is a term that describes an assumption made about a condition or a fact which is barely unknown or uncertain. However, if later discovered to be untrue could change the resulting viewpoint or conclusion.

Hence, in this case, the correct answer is EXTRAORDINARY ASSUMPTION

5 0
3 years ago
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