U.S. GAAP requires that the completed contract method be used
a. when uncertainty obscures the total costs the contractor will incur in carrying out the project.
b. in situations when a firm has not found a specific buyer while construction progresses.
c. always to recognize income during construction projects.
d. in both circumstances a and b.
e. in none of the above situations.
D
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An option contract is created when the offeree gives the offeror something of value in exchange for a promise not to revoke the offer for a stated period of time.
Answer the following statement true (T) or false (F)
The Halo Effect is best avoided by:
A) doing a couple of things wrong during the entire research project B) mixing favorable and unfavorable endpoints on a scale C) flipping "bad" scales to the back of the survey to encourage a good response before the respondents get to the bad questions D) substituting "good" measurements to replace those thought to be faulty E) none of the above; the Halo Effect cannot be avoided
When considering the agile project management process, at the end of each iteration
A. Stakeholders and customers review progress and reevaluate priorities. B. Product owner determines whether or not the project is complete. C. The Scrum master assigns daily tasks to team members. D. Team members are released to work on other projects. E. The Scrum master can terminate the project.
About what percentage of the cost of hospital supplies in the U.S. is the result of logistics?
A. 20 percent B. 40 percent C. 15 percent D. 25 percent E. 33 percent