Answer:
True
Explanation:
This is true specially for large projects. Imagine if only one single person or one single team had to make all the decisions regarding setting up a new factory in a different state or different country. They would be saturated with different problems and it would simply not go well. Instead, if the project had diverse teams and each one would be responsible for dealing with specific issues and then reporting back to one single coordinator, then it would be much easier to deal with problems. No matter how good the project manager is, or how well the project was designed and executed, problems and issues will always happen.
The current worth of an anticipated future stream of cash flow is known as the present value, or PV. Using Microsoft Excel, present value may be estimated rather rapidly.
Most of the time, rather than simply one cash flow, a financial analyst must determine the net present value of a group of cash flows. The net present value, or NPV, returns the cash flows' net value in today's currency. The future value FV is divided by a factor of 1 + I for each interval between the present date and the future date in the present value formula, PV=FV/(1+i)n. For the PV calculation, enter the following data into the present value calculator: The FV, or future value.
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Answer:
$7,960.4
Explanation:
Here
Yearly rate is 6% which means that quarterly rate would be 1.5% which is one fourth of yearly rate (6% * 1/4).
Monthly internship is $8,000.
Now by using the present value model, we have:
Present Value = Future Value / (1 + r)^t
Here t will be one third (1/3) as we are calculating the present value of a salary and the rate that we are using is quarterly which means one month is one third of a quarter (1/3).
This Implies that:
Present Value = $8,000 / (1 + 1.5%)^(1/3)
= $7,960.4
During a financial statement audit an internal auditor may provide direct assistance to the independent CPA in performing both tests of controls and substantive tests.
<h3>What is audit ?</h3>
Audit is the checking or inspection of the account of the company in order to make sure a ll the transactions are recorded systematically and accurately. it is done to check the correctness of the accounts provided by the companies in the financial accounts.
During the auditing of financial statements, auditor provides helps to the Certified Public Accountant by performing both the test of control and substantive tests.
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Answer:
True
Explanation:
Collaboration in organizations requires a strategy capable of using all the resources availables to reach the goals provided by the strategic planning. In a globalized world these goals need to be manage with speed and effciency, here is were the technology displays all the real potential of organizations.
