1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Travka [436]
3 years ago
11

Which of the following is an estimating pitfall? Select one: a. Misinterpretation of the statement of work b. Inaccurate work br

eakdown structure c. Failure to use correct estimating techniques. d. All of the above
Business
1 answer:
alex41 [277]3 years ago
3 0

Answer: Option D

Explanation: In simple words, estimating pitfall refers to the potential errors that may or may not occur in the future. These are human errors that are caused due to omissions, double recording or no recording etc. Such errors can result in the failure of the project.

Hence from the above we can conclude that the correct option is D.

You might be interested in
Kingbird Corporation owns a warehouse. On November 1, it rented storage space to a lessee (tenant) for 3 months for a total cash
Nikitich [7]

Answer:

cash                  2,790 debit

        unearned revene 2,790 credit

unearned revenue 1,860 debit

           rent revenue    1,860 credit

Explanation:

The revenue from the rent is unearned as currently the firm has to provide the rent spance for three months It will be earned as time passes.

At year-end December 31th we have earned 2 months (Nov and Dec) therefore we reocgnize for that amount

2,790 x 2/3 months = 1,860 rent revenue

3 0
3 years ago
The refractive index of a rarer medium with respect to a denser medium is.....
vekshin1

Answer:

B) Smaller Than 1

Explanation:

Snell's Law states that the ratio of the sines of incidence and refraction is equal to the ratio of the phase of velocities in the two phases. When light travels from a rarer medium like air to a denser medium like water, the light would be refracted towards the normal line. For example, the refractive index of air with respect to glass is represented as;

<em>sin i / sin r</em>

If light rays travel from glass which is a denser medium to a rarer medium which is air, the light rays would bend away from the normal line, and then the angle of refraction would be greater than the angle of incidence. So, the refractive index of the rarer medium which is air with respect to the denser medium which is glass will be smaller than 1.

8 0
3 years ago
Identify which control activity is violated in each of the following situations, and explain how the situation creates an opport
Inessa05 [86]

Answer:

1. Once a month, the sales department sends sales invoices to the accounting department to be recorded.

⇒ documentation procedures

Unless all of the company's sales take place only once a month, sales should be recorded as soon as possible. Accounting records must be as precise and accurate as possible, and they must be processed on time. Stacking invoices makes no sense, since sales might be on cash or the collection period might be very short. Who holds the money until the sales records are made?

2. Leah Hutcherson orders merchandise for Rice Lake Company; she also receives merchandise and authorizes payment for merchandise.

⇒ segregation of duties

One single person cannot be responsible for the whole process, since this creates a huge opportunity for fraud. Imagine if the person in charge of the inventory is also in charge of making new purchases, paying for them and reporting ending inventory. No company would be able survive one year, while the person in charge would get rich.

3. Several clerks at Great Foods use the same cash register drawer

⇒ establishment of responsibility

If everyone is allowed to collect money, no one can be responsible for any loss.

6 0
3 years ago
Every product has a life cycle. A fad product such as a fidget spinner, can have a very short cycle,
Liula [17]

Answer:

A product's life cycle is generally divided into four stages:

  1. Introduction: requires a very large marketing effort (a lot of money invested), sales are generally low but the goal is to establish the product in the customers' minds.
  2. Growth: Sales start to pick up as customers accept the new product or service, and new competitors might appear. Companies have to try to differentiate their product from the competition.
  3. Maturity: sales reach their highest peak. Many companies extend the growth stage by making small changes and different versions of the product or service. Competition is generally very intense at this stage and since the market growth stalls, each company tries to win the market share of other companies.  
  4. Decline: sales start to decline since the product or service might become obsolete. Competition starts to shrink since companies start to exit the market. Companies might extend the decline stage by adding new uses for their products or cutting prices.
6 0
3 years ago
Book Values versus Market Values In preparing a balance sheet, why do you think standard accounting practice focuses on historic
Pachacha [2.7K]

Answer:

Historical costs is objectively and precisely measured, whereas market values can be difficult to estimate, and different analysts would come up with different

values.

Explanation:

In preparing a balance sheet it is customary for a company to value the assets and other items based on historical costs rather than market values.

For example if an asset is purchased at $20,000, this value will reflect in the balance sheet in subsequent years. Or future calculation will be based on this.

Let's say yearly depreciation is $1,000 then after on year the value will be $19,000, after two years $18,000 and so on.

This is more object than market value which varies at any one time.

Market value for an item will vary depending on location and the market.

6 0
3 years ago
Other questions:
  • Suppose you are a T-shirt producer in a market without price controls. You are charging a price that is below the equilibrium pr
    8·2 answers
  • In january 2010 a gallup poll asked a random sample of adults, "in general, are you satisfied or dissatisfied with the way thing
    9·1 answer
  • A real estate investment that is most similar to a mutual fund specializing in real estate investment is called a
    13·2 answers
  • For each market listed below, determine whether it is best characterized as a Cournot oligopoly, Stackelberg oligopoly, or Bertr
    7·1 answer
  • The Rasputin Brewery is considering using a public warehouse loan as part of its​ short-term financing. The firm will require a
    9·1 answer
  • College Logos buys​ logo-imprinted merchandise and then sells it to university bookstores. Sales are expected to be $ 2 comma 00
    13·1 answer
  • Using the FIFO method, the cost of inventory at the end is $15,500, and the market price is $14,500. Using the lower-of-cost-or-
    9·1 answer
  • List which coins are profitable and which are not.
    6·1 answer
  • What is the IRR of the following set of cash flows? (Do not round intermediate calculations. Enter your answer as a percent roun
    10·1 answer
  • For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!