False, a contract is complete when the goods have been delivered and paid for. A purchase order is one of the first steps that defines what is purchased, when it should be delivered, and how much will be paid.
Answer:
$223,200
Explanation:
to determine the depreciation charge, calculate the book value of the asset. use this revised book value to calculate the depreciation using the revised estimates
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Book value = cost of the asset - accumulated depreciation
$1,470,000 - $354,000 = $1,116,000
salvage value - 0
useful life = 5
Straight line depreciation expense = $1,116,000 / 5 = $223,200
Answer:
(C) Organizational Breakdown structure, Work Breakdown structure, Control Account Plans, and Points of Management control.
Explanation:
Under Earned value management in projects the mutli functional control account plans should have a Work break down structure which helps to provide on time deliveries and also a necessary Organizational break down structure to identify the respective persons who was assigned with particular resposibilities to provide smooth functioning of the business and both these sturctures maintain control account plans and all of these shall be subject to management control through a Points of management control.
Answer: See explanation
Explanation:
1. Determine the authorized shares.
The authorized share simply refers to the maximum number of shares that can be issued by a particular company. In this case, the authorised share is 212000.
2. Determine the issued shares.
The issued share simply means the shares sold. In this case, the answer is 145000 shares.
3. Determine the outstanding shares.
The outstanding shares will be:
= 145000 - 15000
= 130000
Answer:
$0
Explanation:
As we know that the life insurance proceeds would be recieved by the beneficary on the insured person death is tax free
Since the amount of $12,000 would be received by May Green on her insured father so this amount would be tax free
Therefore the amount that subjected to income tax is $0
