Leadership, teamwork, and negotiation are examples of the ________ dimension of the project management process.
Fill in the blank(s) with the appropriate word(s).
sociocultural
The technical dimension includes developing the WBS, budgets, schedules and status reports. The sociocultural dimension includes leadership, negotiation, teamwork and problem solving.
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Mint Company sponsors a noncontributory, defined-benefit pension plan. At December 31 . 2014, the end of the company's fiscal year, the actuary's report showed pension benefits paid of $15,000, and PBO balance of $300,000 . The trustee's report showed a beginning plan assets balance (at fair value) of $240,000, contributions for the year of $36,000, and an actual return on plan assets of 1
percent (the expected return was 9 percent). The underfunded PBO at the end of 2014 was a. $0. b. $15,000. c. $24,000. d. $30,000.
A firm operated at 80% of capacity for the past year, during which fixed costs were $330,000, variable costs were 70% of sales, and sales were $1,000,000. Operating profit was:
A) $140,000 B) ($30,000) C) $370,000 D) $670,000
Markup percentage equals total costs divided by desired profit.
Answer the following statement true (T) or false (F)
The decision to accept additional business should be based on a comparison of the incremental costs of the added production with the additional revenues to be received.
Answer the following statement true (T) or false (F)