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3 years ago

List down three characteristic of project

Business

1 answer:

Olin [163]3 years ago

8 0

Answer:

A single definable purpose, end-item or result. This is usually specified in terms of cost, schedule and performance requirements.

Every project is unique. It requires the doing of something different, something that was not done previously. Even in what are often called “routine” projects such as home construction, the variables such as terrain, access, zoning laws, labour market, public services and local utilities make each project different. A project is a one-time, once-off activity, never to be repeated exactly the same way again.

Projects are temporary activities. A project is an ad hoc organization of staff, material, equipment and facilities that is put together to accomplish a goal. This goal is within a specific time-frame. Once the goal is achieved, the organization created for it is disbanded or sometimes it is reconstituted to begin work on a new goal (project).

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Supplies used in the period is computed by taking the difference between the balance of the Supplies account and the cost of supplies on hand. The sum of supplies that aren't used as of the balance sheet date must be stated in the asset account Supplies or Supplies on Hand. The supplies that have been used during the accounting period must be stated in the income statement account Supplies Expense. Essentially, supplies are assets until they are used. When they are used, they become an expenditure.

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3 years ago

Colombo Enterprises has a defined benefit pension plan. At the end of the reporting year, the following data were available: beg

LekaFEV [45]

Answer:

A debit to pension expense for $10,000

Explanation:

Journal Entry for pension expenses:

Explanation Debit Credit

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3 years ago

Cho wanted to sell her custom jewelry made in China to the U.S. market, but she didn’t have a lot of capital to get started, nor

allsm [11]

Answer:

licensing

Explanation:

Based on the scenario being described within the question it can be said that the entry method that Cho seems to be pursuing is known as licensing. This is a market entry strategy in which a company grants permission to another company in a different country in order for it to use the granting company's intellectual property for a specific period of time.

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4 years ago

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max2010maxim [7]

Defuse popular opposition to corporate policies and products.

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2 years ago

Explain why a business needs to keep variable costs low and high variable costs impact the business.

anastassius [24]

Answer:

if they have a high variable cost, the business will make no money and would probably start to loose money, to the point where they go out of business. So they have to keep the variable cost low, manufacture their products with a low price, and sell their products high to make money and keep the business going.

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3 years ago

List down three characteristic of project ​

List down three characteristic of project