Answer: Controlling risk
Explanation:
A risk event is an uncertain event or occurrence that can affect the achievement of the objectives of a project.
Controlling risk involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project.
Roselyn's project is in the PLANNING phase of the project management. Project management generally are divided into six stages, which are: definition, initiation, planning, execution, monitoring and control and closure. The project planning stage is the phase in the project life cycle, that involves creating set of plans that will guide the overall execution of the project.
Answer:
$373.4
Explanation:
The cost of goods sold are the costs associated with the carrying value of the goods that were sold. In other words, it refers to the costs of the merchandise, the direct labor, the direct materials, and any other type of allocated overhead to the good.
When the cost of goods sold is substracted for sales revenue, we obtained the gross profits. Therefore, to find the answer, we simply write the following equation and solve:
Sales Revenue - Cost of Goods Sold = Gross Profits
500.3 - X = 126.9
500.3 - X - 500.3 = 126.9 - 500.3
-X = -373.4
Dividing each side by -1 we finally obtain:
X = 373.4
Answer:
the amount specified is reasonable and actual damages are difficult to determine.
Explanation:
Liquidated damages provision is a contract that is drawn up between parties in a transaction. It defines the damages that will be paid by a party for non performance in a contractual agreement.
The liquidated damages provision is enforceable when a contract is breached and it is difficult to determine the amount of actual damage done. The next option will be to use the stated amount in the contract so far it is reasonable.
Answer:
b. $233,100 tax expense
Explanation:
The computation of the current income tax expense or benefit is shown below:
But before that first we have to need to find out the taxable income i.e
= Pretak book income + increase in net reserve warranties + exceeded amount - dividend deduction
= $1,000,000 + $25,000 + $100,000 - $15,000
= $1,110,000
Now to find out the current income tax expense since the tax rate is not given so we assume the marginal tax rate i.e 21%
So,
= $1,110,000 ×21%
= $233,100
By multiplying the taxable income with the tax rate we can get the income tax expense
