A <u>steering committee</u> includes a group of senior managers responsible for system development.
A steering committee is an advisory organization that makes directional choices on various organizational initiatives. Its members at once aid project managers working in the direction of strategic enterprise directions.
Key roles and responsibilities of a steering committee: it provides recommendations on mission resource utilization, time limits, staff hiring, and advertising wishes. Manual the assignment group in accomplishing milestones in step with the challenge plan. determine average mission scope and strategic project route.
The board is made of individuals who participated on the guidance committee that created the business. The steering committee is normally composed of industry leaders inside the network that help generate assistance for the entity.
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Answer:
B. Depletion will be $950,000 during 2018
Explanation:
Cost $10,000,000
Residual Value ($500,000)
Cost to be depleted $9,500,000
No. of Carats to be extracted over the life of mine 500,000
Per carat depletion (9,500,000/500,000) $19
Depletion for the year 2018 $19*50,000=$950,000
This will be deducted from revenue as depletion for the year.So option B is correct.
Answer:
The answer is $ 257.70
Explanation:
PV= Σ of discounted payments
PV = 100(1.08^-1) + 100(1.08^-2) + 100(1.08^-2)= <u>$ 257.70</u>
Answer:
a-
[Find solution in the attachment]
a- 2)
Balance of accounts receivable at the end of 2018 = $2,400
Solution b:
Balance of accounts payable at the end of 2018 = $7,100
Solution c:
Gross margin = Sales - COGS = $21,400 - $14,300 = $7,100
Net Income = Gross margin - Operating expenses = $7,100 - $3,900 = $3,200
Solution d:
Cash flow from operating activities = Cash received from customer - Cash paid for accounts payable - Cash paid for operating expenses = $19,000 - $11,900 - $3,900 = $3,200
Answer:
The quantity theory of money defends that the money supply has a determining influence on the price level, that is, that the quantity of circulating money will necessarily be imputed to the value of the quantity of commercial operations that are carried out.
Therefore, this theory establishes that the creation of money without increasing the commercial volume (the total amount of tradable goods) will lead to inflation, since it is not really increasing the economic value of an economy, but only the money supply of it, which is "empty" of value, and therefore is coupled with existing commercial transactions.