1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sertanlavr [38]
3 years ago
9

It has been said that Earned Value Management (EVM) came about because the Federal Government often used "Cost-plus" contractors

with project organizations. Cost-plus contracting allows the contractor to recover full project development costs plus accumulate profit from these contracts. Why would requiring contractor firms to employ earned value management help the government hold the line against project cost overruns?
Business
1 answer:
olasank [31]3 years ago
6 0

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.

You might be interested in
Cash flows from investing activities include: Multiple Choice Cash outflows from acquiring land. Proceeds from the issuance of c
SOVA2 [1]

Cash flows<em> from investing</em> activities contain the following things and include:

  • Cash outflows from acquiring land

According to the given question, we are asked to state what the cash flow from investing activities contains based on the list of available choices.

As a result of this, we can see that cash flows which are gotten from investing activities includes the cash that has either been made or spent on a fixed asset like land or properties that are expected to generate profit in the future.

Therefore, the correct answer is Cash outflows from acquiring land

Read more cash flows here:

brainly.com/question/735261

4 0
3 years ago
An operation that closes due to an imminent health hazard can reopen only after getting approval from what agency?
Inessa05 [86]

Answer:

<u>the FDA (U.S. Food and Drug Administration)</u>

Explanation:

The Food and Drug Administration is a federal agency, which is allowed under US law to prevent an operation from going on if it determines that an imminent health hazard still exists.

However, according to the FDA food code, <em>"if immediate corrective action is taken, there is no "Imminent Health Hazard," meaning</em> the operation can get approval from the agency to reopen.

3 0
3 years ago
Janna owns a jewelry shop that sells handmade jewelry. Her employees are paid a certain amount for each bracelet and necklace th
Paladinen [302]

Answer:

Piece rate system

Explanation:

The piece rate system is the system in which the price is paid according to the units make or produced

Since in the question it is mentioned that the Janna sells handmade jewellery and her employees would paid a specific amount for each bracelet and necklace they developed irrespective of the time it takes so this represents the piece rate system

So the same is to be considered

7 0
2 years ago
Maso Company recorded journal entries for the issuance of common stock for $200,000, the payment of $65,000 on accounts payable,
cricket20 [7]

Answer:

Increase of $95,000

Explanation:

Stockholder equity: It records the issue of shares, retained earnings, and deduct the dividend amount if declared.

The expenses which are related to the business is directly or indirectly affect the stockholder equity.

So, the net effect is shown below:

Issuance of common stock = $200,000

Less - Payment of salaries expense = $105,000

So, the net effect would be equal to

= $200,000 - $105,000

= $95,000

The accounts payable does not affect stockholder equity. So, it would not be considered.

This $95,000 would increase stockholder equity.

7 0
3 years ago
Use the following information for Taco Swell, Inc., (assume the tax rate is 21 percent): 2017 2018 Sales $ 19,049 $ 18,918 Depre
marin [14]

Cash Flow from Assets:

Ending Balance of Assets in 2017...........................................................$77760

Add: Depreciation........................................................................................$2534

Less: Beginning Balance of Assets.........................................................($72884)

CashOut  Flow ..................................................................................................$7410

Cash flow to creditors

Ending Balance of Creditors...................................................................$6790

Less: Beginning Balance of Creditors.................................................$6299

Less: Purchases (From Inventory)........................................................$8184

Cash Flow to AP............................................................................................$7693


Purchases from Inventory:

Ending Balance of Inventory....................................................$21912

Add: Cost of Goods Sold................................................................$6781

Less: Beginning Balance of Inventory.....................................($20509)

Purchases......................................................................................$8184

Cash flow to stock holders:

While Preparing Accounting Equation for 2017 as below:

Assets-Liabilities=Eq Shareholders

113632-37233=$76399

While Preparing Accounting Equation for 2018 as below:

Assets-Liabilities=Eq Shareholders

122701-43835=$78866

Net Income for 2018

Sales                                 18918

Less:  Dep                         (2534)

Less: COGS                       (6781)

Less:Other Exp                  (1203)

Less: Interest                     (1350)

Net Income before tax     7050

Less Tax..............................(1480)

Net Income.....................5569.5

Beginning Balance of Shareholders...................................................$76399

Add: Net income....................................................................................$5569.5

Less: Dividend.........................................................................................($2364)

Less: Ending Balance...........................................................................($78866)

Cash to Shareholders........................................................................$738

6 0
3 years ago
Other questions:
  • As a graphic artist, nate has just finished producing a new calendar. his calendar cost him $1.00 for the shiny paper, $2.00 for
    14·1 answer
  • At the scene of the crime, the evidence collector found a damp, bloody shirt. the evidence collector quickly wrapped the shirt i
    9·1 answer
  • The manager at Screaming Trees has been trying to calculate the portion of the​ company's overhead expenses that is fixed and th
    6·1 answer
  • On January 1, 2018, Moonbucks, Inc., received $79,380 and agreed to pay $100,000 in 3 years on December 31, 2020. The market rat
    10·1 answer
  • Margaret, a consumer in a DTPA lawsuit, was able to prove that the licensee in her suit knowingly failed to disclose information
    7·1 answer
  • Patsy possesses twenty-four acres of remote, rugged land. Patsy has the right to use the property, in¬cluding extracting silver
    7·1 answer
  • Carbondale Casting produces cast bronze valves on a 10-person assembly line. On a recent day, 160 valves were produced during an
    15·1 answer
  • Indiadesh is a country that produces two goods, textiles and computers. Last year, Indiadesh produced 500 textiles and 1300 comp
    8·1 answer
  • Laura works for a company that sells luxury cars. Laura approaches a customer by offering the keys to a customer and encouraging
    10·1 answer
  • The definition of states: The process of solving the everyday problems that occur. It is less formal than decision making and us
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!