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defon
2 years ago
10

Indiana Co. began a construction project in 2021 with a contract price of $161 million to be received when the project is comple

ted in 2023. During 2021, Indiana incurred $36 million of costs and estimates an additional $87 million of costs to complete the project. Indiana recognizes revenue over time and for this project recognizes revenue over time according to the percentage of the project that has been completed. Suppose that, in 2022, Indiana incurred additional costs of $63 million and estimated an additional $52 million in costs to complete the project. Indiana: _________
a. Recognized $25.50 million gross profit on the project in 2022.
b. Recognized $6.00 million gross profit on the project in 2022.
c. Recognized $27.00 million gross profit on the project in 2022.
d. Recognized $5.46 million gross profit on the project in 2022.
Business
1 answer:
BigorU [14]2 years ago
3 0

Answer:

I say a

Explanation:

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What ethical standard is being violated when you tell a friend that the company you work for is going to report lower than expec
zhenek [66]

Answer:

Confidentiality

Explanation:

The Ethical standard of Confidentiality is one that demands an individual keeps information about a person or company out of public knowledge. It means that any information you have about a client or company that you work for is strictly meant to be between you and the company; no third parties. Information such as health details, company earnings, therapy session details, etc are examples of information meant to be kept confidential. A failure to keep confidentiality can result in legal action being taken against the erring individual.

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4 0
3 years ago
What is one way to speed up the acquisition of a classically conditioned response?
Vanyuwa [196]
One way to speed up the acquisition of classically conditioned response is to INCREASE THE INTENSITY OF BOTH THE CONDITIONED STIMULUS AND UNCONDITIONED UNCONDITIONED STIMULUS.
Acquisition refers to how learned responses are strengthened or changed over time. Classical conditioning refers to the learning process which occur when two stimuli are repeatedly paired. In order to increase the rate of learning [acquisition], the intensity of both the condition and unconditioned stimulus can be increased.
6 0
3 years ago
Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidi
stira [4]

Answer:

d. the supply curve of new houses would shift rightward, since builders would be willing to produce and sell more houses at each given price.

Place more oil on the market this year, shifting the curve rightward.

Explanation:

1. In the given scenario the government is willing to give home-construction companies $10,000 for every house that they build.

This will result in more willingness on the part of the construction companies to build more houses.

More houses built means more income coming in from the government.

Therefore the supply curve of home building will shift to the right.

2. When oil producers expect prices of oil to increase in the next year, there is a need to control oil prices by increasing availability of oil in the market.

Increase in price results from a scarcity of oil. So to mitigate this excess oil is supplied to control price increase.

This action will shift the curve rightward.

6 0
3 years ago
The most important and volatile component of the current account in the U.S. balance of payments is:
astraxan [27]

Answer: net exports

Explanation:

Balance of payment simply shows the estimation of the inflows and outflow of a nation's money for a certain year. It should be noted that current account of the balance of payment consists of three main components which are the trade in Goods, the trade in services, and the transfer payments.

The trade in goods is segregated into imports and export. This therefore makes the net exports volatile and vital because it has higher share in a current account.

3 0
3 years ago
A project manager has just been assigned to a new project and has been given the project charter. The FIRST thing the project ma
Nookie1986 [14]

Answer:

Confirm that all the stakeholders have had input into the scope.

Explanation:

When assigned to a new project, the project manager may be tempted to start planning immediately. One may conclude that the first thing is planning. It will be wise and smart to understand the project charter before planning. Therefore, it is very important to " Confirm that all the stakeholders have had input into the scope." So, Option B is the correct answer.

7 0
3 years ago
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