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liraira [26]
3 years ago
12

Typically, a steering team or leadership team is responsible for all of the following project related roles EXCEPT:

Business
1 answer:
yaroslaw [1]3 years ago
5 0

Answer:

Letter A is correct. <u>Providing rigid policies, procedures, standards and guidelines.</u>

Explanation:

A steering team or leadership team is a group formed by experts or stakeholders who will provide assistance and guidance in managing a project.  Like for example:

  • Budgets;
  • Marketing strategies;
  • New endeavors and
  • Company policies.

Stakeholders have the main objective of ensuring that the project is carried out in accordance with the company's strategic objectives, and managing the team to ensure compliance with the project's goals and deadlines.

The entire set of actions of the steering team or leadership team will ensure that the team achieves the final results expected for the project.

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Answer:

Wal-Mart's previous revenue policy was inconsistent with the revenue recognition principle.  It used to recognize revenue when performance obligations have not been met.

Explanation:

In response to SAB 101 issued by the Stock Exchange Commission in 1999, Wal-Mart changed its revenue recognition policy for layaway transactions.  Layaway transactions are those in which Wal-Mart sets aside merchandise for customers who make partial payment.  Before SAB 101, Wal-Mart recognized all revenue on the sale at the-time of the layaway. After the change, Wal-Mart does not recognize revenue until customers satisfy all payment obligations and take possession of the merchandise.

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Answer:

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Explanation:

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The equilibrium price would increase, and the equilibrium quantity would decrease.

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