Explain the difference between budget reserves and management reserves.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Budget reserves are established to cover identified risks that occur while implementin...View the full answer
Answered By
OTIENO OBADO
I have a vast experience in teaching, mentoring and tutoring. I handle student concerns diligently and my academic background is undeniably aesthetic
4.30+
3+ Reviews
10+ Question Solved
Related Book For
Project management the managerial process
ISBN: 978-0073403342
5th edition
Authors: Eric W Larson, Clifford F. Gray
Question Posted:
Students also viewed these Management Leadership questions
-
Explain the difference between revenue/distributable reserves and capital/non-distributable reserves, giving three examples of the latter.
-
Explain the difference between productivity as defined on p. 2 in Chapter 1 and multifactor productivity as defined in this chapter. Explain why productivity as defined in Chapter 1 must increase if...
-
Explain the difference between a quantity discount, a purchase discount, and a sales discount. Explain how each of them is recorded.
-
Amandeep, a graduate of Cambrian Colleges Business Program, found a job as an online marketing specialist for Tangerine Bank. Within a year, he had saved {A} and decided to buy a new car but was not...
-
Find the power series representation of x / (x2 - 3x + 2)? Use partial fractions?
-
A \(30.5-\mu F\) parallel-plate capacitor initially has air between its plates and is connected to a \(24.0-\mathrm{V}\) battery. The capacitor is then submerged in distilled water. What is the...
-
The numbers of extra classes taken per week by a sample of 32 students Use technology to draw a box-and-whisker plot that represents the data set. 561 2 4 8 7 6 5 1 3 1 5 8 28 1 9 1 3 27 34 2 3 2 1 2...
-
Natalies friend, Curtis Lesperance, decides to meet with Natalie after hearing that her discussions about a possible business partnership with her friend Katy Peterson have failed. Because Natalie...
-
Suppose you observed that one-year T-bills are trading with a yield to maturity (YTM) of 4.75%. The yield spread between AAA and BB rated corporate bonds is 130 basis points. The maturity yield...
-
We wish to determine the depth of a swimming pool filled with water. We measure the width (x = 5.50m) and then note that the bottom edge of the pool is just visible at an angle of 14.0o above the...
-
What is the difference between mitigating a risk and contingency planning?
-
How are the work breakdown structure and change control connected?
-
On 30 June 2023 R Williams decides to increase the allowance for doubtful debts from $1200 (created in 2022) to 5% of the accounts receivable control account balance of $49 995. Bad debts expense of...
-
For the function given by f(t)= t on the interval -2
-
a. In early 2018, a German aircraft company bought airline parts from an American largest aerospace company worth $365 million. The product was finance by the U.S bank with a 7- year loan. The loan...
-
Maleko (55) and Luni (50) will file married filing jointly. Neither is blind. What is their 2022 standard deduction?
-
U Co. has a P2, 000,000 credit balance of accumulated profits. The following transactions are taken from U Co. during the year: Net loss, P400,000 Purchase or treasury shares at cost P200,000...
-
f. O 2. In the absence of an electric field, a dipole is oriented as shown in the figure on the right. What happens to the dipole when a uniform electric field pointing in the left direction is added...
-
If a present value \(P\) is invested at the simple interest rate \(r\) for \(t\) years, then the future value after \(t\) years is given by the formula \(A=P(1+r t)\). Suppose you invest \(\$...
-
The following information is for Montreal Gloves Inc. for the year 2020: Manufacturing costs Number of gloves manufactured Beginning inventory $ 3,016,700 311,000 pairs 0 pairs Sales in 2020 were...
-
Autodesk makes much of its software available free to students. A) True B) False
-
Two new Internet site projects are proposed to a young start-up company. Project A will cost $250,000 to implement and is expected to have annual net cash flows of $75,000. Project B will cost...
-
A four-year financial project has net cash flows of $20,000; $25,000; $30,000; and $50,000 in the next four years. It will cost $75,000 to implement the project. If the required rate of return is...
-
What would happen to the NPV of the above project if the inflation rate was expected to be 4 percent in each of the next four years?
-
How do change interventions leverage advanced methodologies such as appreciative inquiry, design thinking, and complexity science to foster a holistic understanding of change dynamics, unlock latent...
-
what extent do change interventions leverage digital technologies, data analytics, and artificial intelligence to enhance change effectiveness, monitor change progress, and facilitate real-time...
-
Consider a project that requires spending of $15,000 immediately and generates $6,000 per year for the next 4 years (assume each $6,000 comes at the end of each year).What is the NPV of this project?...
Study smarter with the SolutionInn App