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Sergio [31]
3 years ago
12

What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith an

d Mantel? If you were on the PMI decision-making body, would you vote to include it? Explain your choice.
Business
1 answer:
Illusion [34]3 years ago
6 0

Answer:

Fulfilling client expectations

Explanation:

Fulfilling client's expectations is one of the potent ways an organization can achieve its long term corporate objective. If I were on the PMI decision making body, I would not have outrightly voted for its inclusion. What I will do, however, is to:

1. fully gain an understanding of best practices and procedures that could be applied to achieve the client's expectations.

2. Prototype such procedures, practices and processes and assess its impact on the long term corporate objective.

3. The results from the foregoing will inform my decision.

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Lattimer Company had the following results of operations for the past year: Sales (15,000 units at $12.15) $ 182,250 Variable ma
Gnesinka [82]

Answer:

Profit (loss) 4611

Explanation:

Variable manufacturing cost per unit = Total variable manufacturing cost / Total number of units = 99750 / 15000 = 6.65.

Calculation of special order :

Sales (5300 * 7.80) = 41.340  

(-) Variable manufacturing costs ( 5.300 * 6.65 ) = 35.245  

(-) Export fees ( 5300 * 0.28) = 1.484  

Profit (loss) 4.611

8 0
3 years ago
Read 2 more answers
Hillside issues $2,600,000 of 5%, 15-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31
Amanda [17]

Answer:

1.- thwe cash payment are the same for each period as the coupon bond rate is fixed:

2,600,000 face value x 5% coupon rate / 2 payment per year = <em>65,000</em>

<em>On the last payment, we are going to calculate 65,000 + face value</em>

<em>2,600,000 + 65,000 = 2,665,000</em>

<em>2.- amortization per period 19,513</em>

<em>3.- interest expense per period 45,487</em>

<em>4.- 45,487 interest expense per period x 30 payment dates =  1,364,610</em>

cash    3,182,390  debit

   bonds payable   2,600,000 credit

   premium on BP     585,390 credit

-- to record issuance --

interest expense 45,487 debit

premium on BP    19,513 debit

    cash                                  65,000 credit

-- entry for each payment date--

Explanation:

proceeds: 3,182,390

face value: 2,600,000

premium:       585,390

amortization per period:

585,390 / 30 payment = 19,513

This will be the amortization on the premium on bonds payable for each payment

3.- as the amortization is fixed under straight-line method the interest expense is also fixed:

65,000 cash proceeds - 19,513 amortization = 45,487 interest expense

6 0
3 years ago
Sweetpea Corporation sold a tiller that it used in its landscaping business. The tiller cost $5,000 and Sweetpea had taken $2,00
astraxan [27]

Answer:

Sweetpea have a gain of $1,000

Explanation:

When the depreciable property is sold, then the gain or loss will be computed to the extent on the difference among the selling price and the adjusted basis.

So, the adjusted basis will be

= Cost of the basis - Depreciation

= $5,000 - $2,000

= $3.000

Therefore,

Gain or Loss = Selling Price - Adjusted basis

                     = $4,000 - $3,000

                     = $1,000

Hence, it is a gain of $1,000.

6 0
3 years ago
For many years, college costs (including tuition, fees, and room and board) increases have been higher than the inflation rate,
arsen [322]

Answer: $23,888

Explanation:

The cost today for a freshman at a public university is $19,500.

Inflation is at 7% a year and the period is 3 years from now. It is best to use a future value formula:

= Fees * ( 1 + rate) ^ number of years

= 19,500 * ( 1 + 7%)³

= 19,500 * 1.225043

= $23,888

3 0
3 years ago
In calculating the bank discount when discounting an interest bearing note, which one of the following is not used in calculatio
Anna71 [15]
<span>In calculating the bank discount when discounting an interest bearing note, the one that is not used in calculation is: D. Discount period

Here is the equation that used in interest bearing note:
The Principle proceeds + bank discount = Maturity Value

Discount period only determines the amount of time vendor willing to pay for a product in cash.</span>
4 0
3 years ago
Read 2 more answers
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