The planning process is based on
a. the project objective.
b. the number of risks for the project.
c. the number of resources available for the project.
d. the experience of the project's stakeholders.
a
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Most pay-related communications come through
A. an employee's annual review. B. one designated company speaker. C. the company newsletter. D. individual discussions between employees and their supervisors. E. rumors between employees from various departments.
Which of the following allow us to repeat the processing of a desired portion of code?
A. Functions B. Looping constructs C. IF statements D. CASE expressions
Levron Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $58,000, variable manufacturing overhead of $2.00 per machine-hour, and 20,000 machine-hours. The company has provided the following data concerning Job P978 which was recently completed:Number of units in the job20Total machine-hours80Direct materials$500Direct labor cost$2,640The predetermined overhead rate is closest to:
A. $2.00 per machine-hour B. $2.90 per machine-hour C. $4.90 per machine-hour D. $6.90 per machine-hour
Asset and liability accounts are closed to the Income Summary account
Indicate whether the statement is true or false