TRUE
<u>Explanation:</u>
The correct answer is true as the independent projects are selected based on the net present worth and the rate of return and do nothing alternative. In the independent projects, there is no need for the incremental B/C analysis. Simple B/C ratio will do it. If the B/C > 1, benefits outweigh the costs and the project is selected provided that there is no budget limitation. Thus, the given statement is absolutely the true one.
Answer:
The correct word for the blank space is: Market.
Explanation:
Market knowledge refers to the collection of information about the business and all its resources being offered to the market. It does not only help entrepreneurs to have a better understanding of what the firm is and what it can do but also allows them to improve the decisions they take to direct the business process towards the organizational goal.
Answer:$5600
Explanation:
The FIFO inventory system is an inventory system where the inventory purchased first is the first to be sold.
If 800 units are sold, the inventory sold would be calculated as:
$6 × 400 = $2,400
$8 × 400 = $3200
=$5,600
Answer:
True.
Explanation:
A responsability chart is useful for describing the participation of persons completing labors and deliverables for a project or a business process. Some of the information considered in this type of chart is:
- Labor or procedure.
- Responsible.
- Supervisor.
- delivery date.
