What are the phases of a project and the activities within each?
What will be an ideal response?
Answer: The five phases of a generic project are concept, definition, planning, performance, and post-completion. In the concept phase the project planners develop a broad definition of what the project is and what the scope will be. In the project definition phase, planners identify how to accomplish and organize for the work, the key personnel and resources, and develop tentative schedules and budgets. In the planning phase, items from the definition phase are revisited and expressed in greater detail. Planners prepare detailed plans that identify activities, time and budget targets, and the resources needed to complete each task. In the fourth phase of the project, the organization actually starts to execute the project plan. In the post-completion phase, the manager or team confirms the final outcome, conducts a post implementation meeting to critique the project effort and personnel, and reassigns project personnel.
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Any state or local law that "directly and substantially" conflicts with valid federal law is preempted under the ________
A) Supremacy Clause B) Commerce Clause C) Due Process Clause D) Free Exercise Clause
Duncan Crafts manufactures specialty key chains for tourist attractions. On January 1, the firm had 300 souvenir attraction disks, costing $3 each, used in the production of key chains. During the year Duncan Crafts purchased 1,500 souvenir disks costing $3 each and produced 1,100 key chains. Compute the total cost of souvenir disk raw materials inventory at December 31.
What will be an ideal response?
A system is an interrelated set of elements that function as a whole.
Answer the following statement true (T) or false (F)
Selling expenses, fixed expenses and depreciation are all considered operating expenses
Indicate whether the statement is true or false