Contingency costs in the project costs estimate, also referred to as ____, are to cover unexpected situations that may come up during the project, such as items that may have been overlooked when the initial project scope was defined, activities that may have to be redone because they may not work the first time (redesigns), or a high probability or high impact risk that may occur
a. auxiliary funds
b. withholding
c. reserves
d. capital funds
c
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Which of the following is one of the conditions for recognition of an expense?
A) There is a reasonable expectation that cash will be received. B) The expense can be recognized only when cash is paid. C) The goods will be delivered or the services will be provided within the accounting cycle. D) The goods or services are used to produce revenue.
In general, using statements or demonstrations in the approach is more effective than asking a prospect questions.
Answer the following statement true (T) or false (F)
How might an organization use simple linear regression forecasting? How does this technique differ from the linear trend forecasting technique?
What will be an ideal response?
Cooperative relationships such as ________ have potential advantages such as entering new markets, reducing manufacturing (or other) costs in the value chain, and developing and diffusing new technologies.
A. acquisitions B. mergers C. franchises D. joint ventures and strategic alliances