Answer:
progressive elaboration
Explanation:
progressive elaboration is an important part or step of project management plan, it is the process of continously updating, improving and detailing a project management plan, or part of it as new specific information becomes available. it is use to improve the project management plan
Answer:
$4,000
Explanation:
The operating activities is the activities which records day to day activities i.e change in working capital, loss or profit on sale of long term assets, depreciation expense etc
In the given situation, there is a loss of $4,000 on the sale of equipment and the same is recorded under the operating activity in a positive sign
The sale of an equipment and the purchase of an equipment would be shown in the investing activity . Hence, we do not considered here
Beta's Net capital expenditure is 95.
Explanation:
The computation of the Beta's net capital expenditure is given below
Closing PP&E balance + Depreciation Expense - Opening PP&E balance
= 170 +75 - 150
= 95
While computing it, we have added the depreciation expense and deducted the PP &E balance to the closing PP&E balance so that the accurate amount can be more.
It can also be calculated by capital expenditures by using data from a company's income statement and balance sheet. In the income statement, find the amount of depreciation expenses recorded for the current period. in the balance sheet the current period's property, plant and equipment are placed in line- item balance.
Answer:
(D) $4,055
Explanation:
To find the adjusted book balance, we need the ending balance of the cash book:
Book balance $4,725
Less: bank service charges (25)
Less: EFT (380)
Less: NSF check returned by bank (265)
<em>Adjusted book balance</em> <u>$4,055</u>
Since bank service had been deducted from the bank, Maxis clothing had to deduct the same amount. When bank deducts any money, generally it notifies through text message or sometimes does not notify directly. Therefore, It had to be deducted from the cash book.
Maxi's accounts receivable paid him a check and the firm immediately added the amount to the cash book. When the accountant went for depositing the check, there were not sufficient fund (NSF). Therefore, the amount did not add to the bank balance. Hence, the firm had to deduct it again.
Through Electronic Fund Transfer (EFT), a payment had been made by the bank for Maxi clothing. Since the expense did not deduct from the cash book, the amount had to deduct it to get the adjusted book value.
Answer: B. Yes, because he kept the car for six months after reaching the age of majority.
Explanation:
When the teenager had not reached the age of majority, holding him liable for the contract would have been challenging. The teenager however reached the age of majority he became legally liable for decisions and contracts.
After this age, he had the car for 6 more months which means that he had accepted the contract as an adult. He cannot therefore simply wiggle out of the payment because he signed an enforceable contract.
