A) alternative ways a beneficiary can receive benefits B) a single payment to the beneficiary
9) settlement options
10) lump-sum settlement
What will be an ideal response?
Answers: 9) A 10) B
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Answer the following statements true (T) or false (F)
1. The work breakdown structure identifies the individual work packages necessary to accomplish the project. 2. The time-phased budget enables the project team to determine when budgeted money is likely to be spent on completion of tasks. 3. The project’s baseline is the standard against which we compare project performance, project cost, and project schedule. 4. Unlike the standard S-curve evaluation, the EVM variance is meaningful because it is based not simply on the budget spent but on value earned. 5. The work breakdown structure identifies the human and material resources assigned to the project.
Describe the issues of independent contractors versus employees.
What will be an ideal response?
Other efforts to promote diversity and inclusion within organizations include initiatives such as ______.
a. appointing diversity committees comprised of employees from various departments and levels within the organization b. promoting to senior management a representative from the outgroup to serve as a model for others to follow c. empowering employees of diverse backgrounds through networking and mentorship programs d. both a and c
Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow:•Sales are budgeted at $340,000 for November, $320,000 for December, and $310,000 for January. •Collections are expected to be 80% in the month of sale and 20% in the month following the sale. •The cost of goods sold is 75% of sales. •The company would like to maintain ending merchandise inventories equal to 60% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase. •Other monthly expenses to be paid in cash are $24,000. •Monthly depreciation is $15,000. •Ignore taxes. Balance SheetOctober 31Assets Cash$20,000Accounts receivable 70,000Merchandise inventory 153,000Property, plant and equipment,
net of $572,000 accumulated depreciation 1,094,000Total assets$1,337,000 Liabilities and Stockholders' Equity Accounts payable$254,000Common stock 820,000Retained earnings 263,000Total liabilities and stockholders' equity$1,337,000?Expected cash collections in December are: A. $256,000 B. $68,000 C. $320,000 D. $324,000