Project evaluation from the <u>local</u> viewpoint serves some useful purposes and/but should <u>be </u><u>subordinated</u><u> to</u> the <u>parent's</u> viewpoint.
Project evaluation is the process of measuring the success of a project, program or a portfolio. The project evaluation process has been around as long as projects themselves.
In a project, every aspect of the project such as risks, costs, scope, or return on investment (ROI) is measured in order to determine if it’s proceeding as planned. Thus, it should be subordinated to the parent's viewpoint.
Hence, it requires the evaluator to gather important information to analyze the process and outcome of a certain project.
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Answer: i believe this is true
Explanation:
Answer:
While estimating standard time of doing a job, some extra allowances are provided on the basis of nature of work. In this connection, different factors, like monotony, light, awkwardness, muscular force required etc. are taken into consideration. Calculation of this allowance is shown below:
- Personal allowance is a basic allowance. It has been allowed for all jobs. It is fixed at 5%
- Basic Fatigue allowance of 4% is also common. It is allowed in all jobs.
- Standing: 0% allowance is required for standing in a slightly awkward position and further it will increase on the basis of awkwardness.
- Lifting: Any work requiring muscular or force energy will be provided lifting allowance. It will vary on the basis of weight lifted. Here 25 lbs. weight has been lifted. Hence, 4% lifting allowance has been provided.
- Bad light: It is available only when light is well below the recommended level. Here light is slightly below the recommended level. Hence, 0% allowance is required for in light that is slightly below recommended standards.
- Noise level: A continuous noise is common in production activities. For intermittent loud noises occurring a 2% allowance is provided.
- Monotony: As the monotony for the element is low for this work. No extra allowance is required. 0% is required for low monotony.
Answer:
B) credit to Accounts Receivable for $1500.
Explanation:
The journal entry to record the given transaction is as follows
Cash $1,470
Sales discounts $30 ($1,500 × 2%)
To Account receivable $1,500
(Being the receipts of payment is recorded)
While recording this transaction we debited the cash as it increased the assets plus the sales discount is also debited and at the same time we credited the account receivable as it decreased the asset
Answer:
The correct answer is letter "D": normal goods.
Explanation:
Normal Good is any good or service that sees its increase in demand as a result of an increase in income. Normal goods are defined as having an income elasticity coefficient of demand (<em>percentage change in quantity demanded by the percentage change in price</em>) which is lower than one (1) but is still a positive number.
<em>Consumer staples such as food, drugs, beverages, </em>and <em>basic household products</em> are considered normal goods.