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Llana [10]
3 years ago
10

All of the following are true about the project scope statement EXCEPT:a.It is an output of the Verify Scope process. b.It descr

ibes, in detail, the project’s deliverables and the work required to create those deliverables.c.It provides a common understanding of the project scope among project stakeholders.d.It may contain explicit scope exclusions that can assist in managing stakeholder expectations.
Business
1 answer:
butalik [34]3 years ago
7 0

Answer:

a. It is an output of the Validate Scope process.

Explanation:

We can define project scope statement as a tool which is used to manifest the main deliverables of project which includes the major milestones, all requirements, constraints and assumptions. It describes, in detail, the project’s deliverables and the work required to create those deliverables. It also provides a common understanding of the project scope among project stakeholders. It may contain explicit scope exclusions that can assist in managing stakeholder expectations. It is an output or the result of scope process not the validate scope process, therefore, all other options are correct while option "a" is not true.

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Based on what you have read, Paul has the absolute advantage in the production of. Has the comparative advantage in producing sh
Darina [25.2K]

Answer:both shirts and handbags

Paul

Francisco

Specialize by producing shirts only

Explanation:

8 0
3 years ago
Assuming sticky prices and given expectations of future exchange rates, what is the short-run effect on the exchange rate of the
stiks02 [169]

Answer:please refer to the explanation section

Explanation:

An increase in the quantity of euros will lead to a decrease in demand for the euros currency and the current exchange rate will fall. a decrease in the current exchange rates will increase foreign rates of return because the difference between expected exchange rate and current exchange rage will increase.

Current exchange rate will decrease and foreign rates of return will increase

total foreign rate of returns = foreign interest rate + (Expected exchange rate - Current exchange rate)/current exchange rate

7 0
3 years ago
Which of the following statements is correct?
GREYUIT [131]

Answer:

The answer is: A) All items that are included in M1 are included also in M2.

Explanation:

I guess this question is about money supply.

The money supply is the total amount of money available in an economy. It includes:

  • M1 includes coins and notes (bills) in circulation plus other money equivalents that are easily liquidated.
  • M2 includes M1 plus short term bank deposits and 24 hour money market funds.
  • M3 includes M2 plus long term bank deposits and money markets with more than 24 hour maturity.

8 0
3 years ago
Jessica spends all her income on two goods, A and B. The price of A is $5, and the price of B is $7. At the current consumption
masha68 [24]

Answer:

Jessica should consume more of good A.

Explanation:

Jessica spends all her income on two goods, A and B.

The price of A is $5, and the price of B is $7.

At the current consumption bundle, the marginal utility of A is 10, and the marginal utility of B is 21.

The total utility is maximized when the ratio of marginal utility and price of the goods consumed is equal for all the goods in the bundle.

The ratio for Good A

= \frac{10}{5}

= 2

The ratio for good B

= \frac{21}{7}

= 3

Since the ratio is higher for good B, the consumer should shift from consumption of good B to good A until the ratio is equal for both the goods.

5 0
3 years ago
Therrell Corporation has two divisions: Bulb Division and Seed Division. The following report is for the most recent operating p
amm1812

Answer:

a. For Bulb = $183,418.92

b. For Seed = $96,759.49

c. Break even = $336,144.74

Explanation:

Sales = Bulb Division + Seed Division

= $234,000 + $156,000

= $390,000

Variable Expense = Bulb Division + Seed Division

= $60,840 + $32,760

= $93,600

Contribution margin for bulb = Sales - Variable

= $234,000 - $60,840

= $173,160

Contribution margin for Seed division = Sales - Variable

= $156,000 - $32,760

= $123,240

Total = $390,000 - $93,600

= $296,400

Division Income for bulb = contribution margin - Traceable fixed expenses

= $173,160 - $135,730

= $37,430

Division Income for seed division = contribution margin - Traceable fixed expenses

= $123,240 - $76,440

= $46,800

Total of Division income = $296,400 - $212,170

= $84,230

Common Fixed expenses = $25,980 + $17,320

= $43,300

Income = Total of Division income - Common Fixed expenses

= $84,230 - $43,300

= $40,930

Contribution margin ratio for bulb = Contribution ÷ Sales × 100

= $173,160 ÷ $234,000 × 100

= 74.00%

Contribution margin ratio for seed = Contribution ÷ Sales × 100

= $123,240 ÷ $156,000 × 100

= 79%

Total Contribution margin ratio for bulb and seed  = Contribution ÷ Sales × 100

= ($173,160 + $123,240) ÷ $390,000 × 100

= $296,400 ÷ $390,000 × 100

= 76%

a and b. Division’s break-even in sales dollars = Fixed costs ÷ Contribution margin ratio

For Bulb = $183,418.92

For Seed = $96,759.49

c. company’s overall break - even in sales dollars

= (212170 + 43300) ÷ 76%

= $336,144.74

5 0
4 years ago
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