Answer:
A. the assignment of indirect costs to the chosen cost object
Explanation:
Cost allocation is the assignment of indirect cost of the cost object. The indirect costs of the project are not directly attributable to the cost object. So, it requires some basis on which its assignment can be made to cost object. Overhead allocation is the example of cost allocation. So, the correct answer is A. the assignment of indirect costs to the chosen cost object.
Since the college wants to pay $300 later (1000 – 700), Russell’s Consulting Services Company will classify this amount as a receivable.
The journal entry required for this transaction is:
Cash A/C Dr 700
Accounts Receivable A/c Dr 300
To Sale of services 1000
There are three accounts involved – cash, accounts receivable and sales.
Of these, cash and accounts receivables are a part of the balance sheet and these accounts will show an increase of $700 and $300 respectively.
Sales (or Revenues), on the other hand, forms a part of the income statement and will show an increase of $1000.
Answer: Alternate form reliability
Explanation:
Alternate form reliability could be described as a reliability method where an individual carrying out a research is given two different version of the same test at different times with the aim of comparing the scores to determine how reliable the test is.
The reliability evidence seems most useful in this situation is an alternate form reliability which would give the sales representative an idea of the various results and differences in order to market the product effectively.
Assembling a project team and assigning their responsibilities are done during the project initiation phase of project management.
Project management is an important part of achieving an objective, and is relevant in all spheres, from businesses, to social work, to sports, and education. Projects have a definite time frame for completion and therefore a lifecycle. There are distinct phases in executing a project.
The first phase is the project initiation phase. Here, decisions on the need and significance of the project are taken. Feasibility, viability, and practicality are important. The project charter is drawn up, targets are set, and responsibilities are allocated.
To learn more about phases of project management: brainly.com/question/14522044
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