The answer is a loan (or b)
Answer:
$7,000 is the amount of revenue in year 1
Explanation:
The amount received from the customer is $24,000,which is payment for work to be performed over 24-month period i.e 2 years
In year 1,the work would be performed from June -December,hence 7-month worth of revenue should be recognized in year 1 as follows
revenue recognition in year=$24,000*7/24=$7,000
The amount of revenue attributable to year 1 on the income statement is $7,000
Answer:
Answer letter C.
Trade in service can provide traditional and new export opportunities
Answer:
Project Management Office is the correct answer.
Explanation:
Project Management Office is a department that focuses on and maintains the quality and overview of project management throughout the organization.
The objective of the Project Management Office is to give a platform that supports all the project teams to achieve and improve the chances of successful outcomes.
