Answer:
A. True
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management are considered universal across most businesses and professions.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.
Answer:
(B) $30
Explanation:
We know that,
Producer surplus = Amount paid by the seller - cost of three lawns
$53 = Amount paid by the seller - ($10+ $12 + $15)
$53 = Amount paid by the seller - 37
So, the total price is = $53 + 37 = $90
For per customer it would be equal to
= (Total price) ÷ (number of customers)
= $90 ÷ 3
= $30
Basically it shows a difference between the market price and actual price received by the customer
Answer: Option (B)
Explanation:
A partnership is referred to as or known as an arrangement where organizations, parties, business partners, tend to agree to cooperate with each other in order to advance the mutual interests they have. These partners that are in partnership may tend to be businesses, individuals, organizations, governments. Organizations tend to partner in order to increase their likelihood of achieving the mission and also amplify reach.
Answer and Explanation:
According to the given situation, the Journal entry is shown below:-
Inventory Dr, $20 ($100 - $80)
To Expense $20
(Being inventory for year 2 is recorded)
Here we debited the inventory as it increased the assets and we credited the expenses as it decreased the expenses so that the proper posting could be done
Answer:
ACL, tibial collateral ligament and medial meniscus.
Explanation:
A torn Anterior cruciate ligament (ACL) , torn tibial collateral ligament and torn medial meniscus are injuries commonly attached to the knee.
They ACL and tibial collateral ligament occurs during sport activities when the femur or tibia Shifts in different direction while the Meniscus gets torn when there is a direct pressure on the cartilage between the femur and tibia after it has shift to a different direction than it's usual shift.