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trasher [3.6K]
3 years ago
14

After years of tinkering and reverse engineering initiatives, Kimray had finally unlocked the secrets of the Beta tape format. A

quick trip to the rental store was an epiphany for company leadership when they realized that only a handful of Beta tapes were available; the rest of the world had adopted the VHS format seemingly overnight. Now they would have to buy a few of those newfangled VHS machines to see how they ticked. The contingency funds that management had set aside would be put to good use on this:A) change in project scope.B) abnormal condition.C) unanticipated interaction cost.D) latest evidence of Murphy's Law.
Business
1 answer:
Karolina [17]3 years ago
3 0

The correct answer is A; Change in project scope.

Further Explanation:

The project has now changed drastically from Beta tapes to VHS. With this happening, all of the work they had did on the Beta tapes is now null. The company will now have to change the scope of their work to working with VHS tapes.

A few of the things that will have to be done to change the scope of project are;

  • quality can be changed or modified
  • new costs
  • new tasks
  • new deadlines
  • more money needed to invest
  • functions

Learn more about project scopes at brainly.com/question/13234457

#LearnwithBrainly

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On March 25, 2021, Phillips Corporation purchased bonds of Atlas Corporation for $132 million and classified the securities as t
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Answer:

An unrealized holding gain of $28 million in 2019.

Explanation:

At the financial year-end, the company have to reevaluate the investment to recognize the gain or loss.  

If the fair value is higher than actual investment, the company gain and vice versa it lost.

In this scenario, the fair value adjustment = the valuation on 31st December – purchased value = $150 million - $132 million = $28 million.

Because this step is just an approach to record new valuation of investment, then it’s consider unrealized.

In short, Phillips Corporation should first update the fair value adjustment of $28 million on December 31 2021

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3 years ago
Joan works in a clothing store she earns a salary plus 10 percent of her sales revenue the extra money that is expressed as a pe
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3 years ago
A real estate company places ads on a local newspaper's website. The real estate company pays the newspaper based on how many ti
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Companies that use pay per click (PPC) advertising will pay each time a user clicks on their ads to see them. When you open a website there may be several (sometimes more than a dozen) of different advertisements, but the advertiser companies only pays when someone actually clicks on the ad. PPC is the most popular and common advertising in websites and search engines, e.g. Google Ads works this way.

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Firms doing such marketing focuses on making their image of an environment friendly organisation and wants to attract customers on the basis of their sustainable view towards growth.

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