Project management control is the term that has emerged to reflect how organizations oversee their project management systems.
Answer the following statement true (T) or false (F)
False
Project oversight can be defined as a set of principles and processes to guide and improve the management of projects. At the organizational level it assesses and elevates the maturity level of the organization's project management system.
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The financial balances for the Atwood Company and the Franz Company as of December 31, 2018, are presented below. Also included are the fair values for Franz Company's net assets. Atwood FranzCo. FranzCo.?(all numbers are in thousands) Book value Book value Fair value 12/31/2018 12/31/2018 12/31/2018Cash$870 $240 $240 Receivables 660 600 600 Inventories 1,230 420 580 Land 1,800 260 250 Buildings (net) 1,800 540 650 Equipment (net) 660 380 400 Accounts payable (570) (240) (240)Accrued expenses (270) (60) (60)Long-term liabilities (2,700) (1,020) (1,120)Common stock ($20 par) (1,980) Common stock ($5 par) (420) Additional paid-in
capital (210) (180) Retained earnings (1,170) (480) Revenues (2,880) (660) Expenses 2,760 620 ??Note: Parenthesis indicate a credit balance??Assume an acquisition business combination took place at December 31, 2018. Atwood issued 50 shares of its common stock with a fair value of $35 per share for all of the outstanding common shares of Franz. Stock issuance costs of $15 (in thousands) and direct costs of $10 (in thousands) were paid.?Compute consolidated cash at the completion of the acquisition. A. $1,110. B. $845. C. $1,085. D. $1,350. E. $870.
If the standard deviation is 1.9, the Z value is 1.65, and the expected date of completion is 25 months, then the due date for project completion is ______.
A. 28.135 months B. 26.665 months C. 32.455 months D. 18.155 months
The cost recovery method is
a. used only when circumstances surrounding a sale are so uncertain that earlier recognition is impossible. b. the most common method of accounting for real estate sales. c. similar to percentage-of-completion accounting. d. never acceptable under generally accepted accounting principles.
Which of the following would be the best sentence to include in an e-mail message going to someone from another culture?
A) Are you available for a videoconference on 3/5? B) Please get back to me ASAP to set up our meeting. C) This agreement between our two companies should be a slam dunk. D) We look forward to meeting with you next month.