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Vesna [10]
4 years ago
12

What is the difference between a certificate and a degree in project management? How are degrees and certifications related?

Business
1 answer:
Aleksandr-060686 [28]4 years ago
4 0

Answer:

a. Certificates in project management are generally short courses that doesn't require prior in depth knowledge in that particular field while degrees are usually long and require some prior knowledge in the particular field.

b. A degree in project management is a more in-depth study or skill of the certificate.

Explanation:

a. Certificate in Project management

A course in this field is usually short and requires little to no previous knowledge in project management. This section usually deals with the basics and a short introduction to project management. Most students who love to receive this training should be the ones who would want to learn about how to manage simple projects. This field doesn't necessarily need a student who wants to focus on handling heavy projects.

A certificate program in project management will only deal with specific projects and how to manage resources in a small-scale project. It is mostly beneficial when one needs to change careers or learn an additional specific skill.

A certificate program will also cost much less as compared to a degree program. This is due to the difference in the level of skills to be learnt: in terms of volume and complexity. A certificate program in project management is usually less complicated and much simpler as compared to a degree program in the same field.

Even though there are many differences between a certificate program and a degree program in project management, they train the same skills but at different levels in terms of scope.

b. Degree in Project management

A course in this field is usually much longer and requires some level of prior knowledge in project management. It is a more in-depth study of the certificate program. It is advisable to students who want to develop and grow in their careers to handle huge and complex projects.

A degree project costs much more than a certificate program since it takes longer due to a wider scope and it is also more complex than a certificate program.

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According to the "guns & butter" example, if a country decides to spend more on military goods, what will happen?
Masteriza [31]
For the answer to the question above, i<span>n macroeconomics, the guns versus butter model is a simple example of the production possibility frontier. It models the relationship between a nation's investment in defense and civilian goods.
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5 0
3 years ago
Kelly Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following d
lara [203]

Answer:

$336,000

Explanation:

Calculation for How much cost that would be allocated in the first-stage allocation to the Order Processing activity cost pool

Total Order Processing activity cost pool

Wages and salaries: 60% × $360,000

Wages and salaries= $216,000

Depreciation: 35% × $200,000

Depreciation=$70,000

Occupancy : 50% × $100,000

Occupancy=$50,000

TOTAL =$336,000

Therefore the amount of cost that would be allocated in the first-stage allocation to the Order Processing activity cost pool will be $336,000

5 0
3 years ago
Clark Company sells 8% bonds having a maturity value of $5,000,000 for $5,421,236. The bonds are dated January 1, 2017, and matu
avanturin [10]

Answer:

attached table

Explanation:

We use goal seek of excel to determinate the market rate:

Which is the rate that discounting the coupon payment and maturity matches the 5,421,236 we receive for the bond:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 200,000.000

time 10

rate 0.<em>030117724</em>

200000 \times \frac{1-(1+0.0301177235440986)^{-10} }{0.0301177235440986} = PV\\

PV $1,705,016.0533

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   5,000,000.00

time   10.00

rate  <em>0.030117724</em>

\frac{5000000}{(1 + 0.0301177235440986)^{10} } = PV  

PV   3,716,219.95

PV c $1,705,016.0533

PV m  $3,716,219.9467

Total $5,421,236.0000

Now, we determiante the schedule by doing as follow:

carrying value x market rate = interest expense

cash outlay per period: face value x coupon rate

the amortization will be the difference

after each payment we adjust the carrying value by subtracting the amortization

3 0
3 years ago
Which of the following terms refers to a promise made to lenders by a borrower?
Natali5045456 [20]

Answer:

Covenant.

Explanation:

A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.

4 0
3 years ago
Management should select the depreciation method that
GuDViN [60]

Answer:

Option B              

Explanation:

Depreciation refers to an  accounting tradition that enables a firm to compose off the worth of an asset throughout an amount of time, generally the beneficial life of the investment.

Assets like equipment and appliances are costly. Instead of recognizing the asset's full cost in the first year one, depreciating the asset helps businesses to distribute the burden and generate income from it.

Thus, depreciation relates to decrease in value of an asset so that expenses can be recorded efficiently and revenue could be computed as per the periods. Therefore, the method of depreciation should be chosen as per its revenue contribution to the entity using it.

7 0
3 years ago
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