Which of the following is not a characteristic of a well-defined project plan?
A. Prepared by the project manager
B. Easy to read
C. Appropriate to the project's size
D. Communicated to all key participants
A. Prepared by the project manager
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In 2010, Blanton Company bought equipment with a cost of $160,000, an estimated residual value of $40,000, and an estimated life of 15 years. It was depreciated by the straight-line method for 4 years. Due to obsolescence, it was determined at the beginning of 2014 that the useful life should be shortened by 3 years and the residual value changed to zero. The depreciation expense for 2014 is
a. $11,636 b. $16,00 c. $11,00 d. $8,000
State Industries has the following information for 20X1:Units produced and sold3,000 unitsSelling Price$260/unitDirect materials$20/unitDirect labor$40/unitFixed manufacturing overhead$120,000/yearFixed selling and administrative costs$160,000/yearVariable manufacturing overhead$35/unitVariable selling and administrative costs$25/unitThere are no beginning inventories. Prepare an income statement for the year under absorption costing.
What will be an ideal response?
A disclaimer of the implied warranty of fitness for a particular purpose can be oral or written
Indicate whether the statement is true or false
For many years, General Electric had a corporate strategy of being among the top three firms in any market in which it operated; if it could not achieve a top-three position, it would exit the market. This strategy often resulted in the company ________ when certain product lines failed to meet this expectation.
A. increasing product mix breadth B. decreasing product mix breadth C. decreasing product line depth D. introducing brand extensions E. increasing product line depth