<span>The owner generally is interested in the cost of major components of the project, rather than the cost of construction materials. For example, if the estimated cost exceeds the owner's permissible budget, cuts must be made by eliminating a building, or parts of a building, rather than merely reducing the cubic yards of concrete or pounds of steel. Owners think in terms of facilities and sub-facilities, rather than materials that make up the facilities. During negotiations, the contractor will likely have to reformat the estimate to enable the owner to make decisions on how to derive a contract amount that matches available funds.</span>
Human resource management (HRM) is the process of finding, selecting, deploying, and overseeing people for a business.
Human resources, or HRM, is another name for it (HR). The HR department of a corporation or organization is typically in charge of formulating, implementing, and monitoring the regulations governing workers and the interaction between the company and its employees.
In order to collectively refer to all of the individuals who work for the business, the phrase "human resources" was initially used in the early 1900s and then became increasingly popular in the 1960s.
<h3>Human resource management's importance</h3>
The purpose of HRM procedures is to manage the workforce so that the organization may fulfill its mission and uphold its culture. HR managers can, when done successfully, assist in the hiring of new employees with the qualifications needed to advance business objectives as well as assist in the training and development of current staff members to achieve goals.
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Answer:
The amount that should appear in the Prepaid Subscription account for Otisco, Incorporated after adjustments on December 31 of the first year is <u>$2,295</u>.
Explanation:
From the question, we are given the following:
Amount of 36-month subscriptions = $3,060
Therefore. we have:
Monthly subscription = Amount of 36-month subscriptions / 36 months = $3,060 / 36 = $85
Number of months from April 1 to December 31 = 9 months
First year subscription = Monthly subscription * Number of months from April 1 to December 31 = $85 * 9 = $765
Balance in the Prepaid Subscription on December 31 = Amount of 36-month subscriptions - First year subscription = $3,060 - $765 = $2,295
Therefore, the amount that should appear in the Prepaid Subscription account for Otisco, Incorporated after adjustments on December 31 of the first year is <u>$2,295</u>.
An account is the accounts payable account. query with several options. costs, revenues, assets, and liabilities is liability
Given that it is money owing to creditors and appears on the balance sheet under current liabilities, accounts payable is a liability.
Accounts Payable is the term used when a business acquires products on credit that must be repaid within a short period of time. It is categorized under the category of "current liabilities" and is handled as a liability. A short-term debt payment called accounts payable must be made in order to stay in good standing.
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Answer:
Real GDP will rise by $100 million
Explanation:
Aggregate Demand [AD] is total amount of goods & services, all sectors of an economy are planning to buy . So AD = Aggregate Planned Expenditure [APE]
Aggregate Supply [AS] is total amount of goods & services, all sellers are planning to sell. As total output value of goods & services produced is distributed among factors of production, AS = National Income [NY] = GDP
At equilibrium : AD or APE = AS or NY or GDP
If AD or APE increases by $100 million :
AD or APE > AS or Aggregate Planned Production or GDP . This implies willingess to buy > willingness to produce. So, inventory levels will fall below desired level. To mantain inventory level, production [AS] & income level [GDP] will rise till it becomes equal to risen AD or APE
So, GDP will also rise by $100 million