Answer:
Earned Value Management (EVM)
The Federal Government requires contractor firms to employ earned value management because it enables it to assess the work that has been completed against an established baseline plan in terms of technical, time, and cost performance.
Armed with this information, it is in a better position to make important project decisions and help to control over-spending.
Explanation:
Earned value management (EVM) as a integrated project management methodology details the project time schedule, costs, and scope to ensure correct measurement of project performance. Using planned and actual values, EVM enables future predictions, improving the ability of project managers to adjust according to requirements.
The price level depends on both the current and expected future money supply.
<h3>
What is money supply?</h3>
- The money supply refers to the total amount of money in rotation.
- That is, cash, coins, bank account balances.
- The is broadly defined as a safe group of assets that households and businesses can use to make payments or hold as a short-term investment at a given point in time.
- There are several ways to define "money", but standard measures usually include cash in circulation and demand deposits.
- M1, M2, and M3 are measures of the US money supply, known as monetary aggregates.
- M1 includes money in circulation and auditable bank deposits. M2 includes M1 plus savings (under $100,000) and money market funds. M3 includes M2 plus large term deposits from banks.
To learn more about money supply from the given link :
brainly.com/question/28891105
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Answer:
To answer this question, we must first add the options, they are:
A. Vendor performance assessment
B. Need recognition
C. RFP
D. Vendor negotiation
E. Product specification
They are the Vendor Negotiation stage of the business-to-business buying process
The correct option is D. Vendor Negotiation
Explanation:
Vendor negotiation is the process whereby a buyer and a seller discuss the terms of a trade, such as price, quantity, quality, and so on. This discussion will either lead to an agreement and the deal is sealed, or it will lead to a disagreement and both parties go their way.
In the case of USF Corporation above, since they are already discussing the price, quality, and delivery schedules, it means they have secured a supplier who will be capable of meeting the terms of the corporation.
In this stage, the corporation will carry out the negotiations in order to get the best value for its money.
Answer:
d. requires employees to pay for more of their benefit costs
Explanation:
Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
In Financial accounting, a direct cost can be defined as any expense which can easily be connected to a specific cost object such as a department, project or product. Some examples of direct costs are cost of raw materials, machineries or equipments.
On the other hand, any cost associated with the running, operations and maintenance of a company refers to indirect costs. Some examples of indirect costs are utility bill, office accessories, diesel, etc.
Cost sharing can be defined as a process in which an employee makes payment for a portion of the cost he or she incurred, especially benefit costs.
In Business management, cost sharing requires employees to pay for more of their benefit costs.
Answer:
Gross profit= $135,400
Explanation:
Giving the following information:
12,100 units:
Material $6
Labor $4
Overhead $3
Total $13
27,00 units:
Material $10
Labor $4
Overhead $3
Total $17
Convex sold 29,000 units during the last six months of the year at $20 each.
First, we need to calculate the cost of goods sold.<u> Under the FIFO (first-in, first-out) method, the COGS is calculated using the cost of the first units sold.</u>
COGS= 12,100*13 + 16,900*17= $444,600
<u>Now, the gross profit:</u>
Gross profit= 29,000*20 - 444,600
Gross profit= $135,400