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3 years ago

What is the process of managing costs

Business

1 answer:

Masja [62]3 years ago

6 0

Answer:

Cost management is the process of estimating, allocating, and controlling project costs. The cost management process allows a business to predict future expenses to reduce the chances of budget overrun. Projected costs are calculated during the planning phase of a project and must be approved before work begins.

Explanation:

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Before Sandra opened her florist shop she read all she could about the floral industry. She also consulted several published res

Rom4ik [11]

Answer: Secondary data

Explanation: In simple words, the data that is collected by someone and is used by someone else is called secondary data. Government reports and surveys by other such organisation are two of the many examples of secondary data.

In the given case, Sandra collected information for her future business from the published research reports. She did not collected data from a census conducted by herself.

Hence, from the above we can conclude that the correct option is B.

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3 years ago

Parent Inc. purchased 30% of the common stock of Affiliate Co. on January 1, YR01 for $5,000 and appropriately accounted for thi

blondinia [14]

Answer:

net cash from investing activities = -$4,940

operating and financing activities are not affected.

Explanation:

the journal entries should be:

January 1, socks purchased

Dr Investment in Affiliate 5,000

December 31, dividends received

Cr Investment in Affiliate 60

December 31, Affiliate reports net income

Dr Investment in Affiliate 300

Cr Revenue from investing activities 300

Only the cash flow from investing activities will be affected by Parent's investing in Affiliate. Since the company uses the equity method, the operating and financing cash flows are not affected.

The cash flow from investing activities will:

Decrease by $5,000 due to the purchase of stocks.
Increase by $60 due to the dividends received.
net cash from investing activities = -$4,940

4 0

4 years ago

An example of an imputed value in the GDP is the:

exis [7]

Answer:

2. housing services enjoyed by homeowners

Explanation:

Imputed value is an estimated value for an object that is uncertain or inaccessible of the actual value.

The largest expense of the GDP accounts is the value of the services offered by the housing of the owner. The imputation is rendered so that the position in GDP of holders of housing is equal to that of tenants who are rent-paying.

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4 years ago

What is the main goal of people who work in the career feild of human services

Alex777 [14]

People who work in human services help people overcome obstacles and access services such as counseling, therapy and rehabilitation. They work to improve the lives of those in need who are most in need of these services.

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3 years ago

This picture of gas stations BEST illustrates which aspect of a market economy?

makvit [3.9K]

Answer:

I guess c or d not sure about it.

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3 years ago

Read 2 more answers