Explain the difference between contingency reserves and management reserves.
Question:
Explain the difference between contingency reserves and management reserves.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
Contingency reserves are established to cover identified risks that occur while implement...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Project Management The Managerial Process
ISBN: 9781260570434
8th Edition
Authors: Eric W Larson, Clifford F. Gray
Question Posted:
Students also viewed these Business questions
-
What is the difference between contingency reserves and management reserves? When would each be used?
-
Explain the difference between budget reserves and management reserves.
-
Explain the difference between revenue/distributable reserves and capital/non-distributable reserves, giving three examples of the latter.
-
On March 31, 2019, the balances of the accounts appearing in the ledger of Racine Furnishings Company, a furniture wholesaler, are as follows: a. Prepare a multiple-step income statement for the year...
-
Briefly describe four typical problems that often arise in merging relations and common techniques for addressing those problems.
-
1. Compute the variance of the probability distribution in Table 5. 2. Compute the variance of the probability distribution in Table 6. Table 5 Outcome Probability 70 .5 71 .2 72 .1 73 .2 Table 6...
-
How many people can Hawaii feed? Different diets require different energy inputs. Since meat is higher in the food chain than grains, the more calories you get from meat, the more agricultural land...
-
A winery has the following capacity to produce an exclusive dinner wine at either of its two vineyards at the indicated costs: Four Italian restaurants around the country are interested in purchasing...
-
Write two complex numbers z = a + bi and z2 = c + d with a, b, c and d not equal to 0 or 1 with a product of 4+221.
-
How many solutions does the equation ||2x 3 m| = m have if m > 0? - A 1 2 D 3. 4- B
-
Describe the four phases of the traditional project life cycle. Which phase do you think would be the most difficult one to complete?
-
Pinyarat worked in the IT Department of a diversified IT firm. She was describing the firms early encounters with critical-chain scheduling to a friend in another IT firm. Three years ago management...
-
Describe the soil colloidal complex, indicate its various components. and explain how it tends to serve a tank" for plant nutrients.
-
Consider the owner of a local boutique. She is deciding if she should upgrade the storage and display containers. The total cost would be $2,000, and the depreciation rate is 8% per year. The...
-
Some people think boxing may be in the decline phase of the product life cycle. Develop a strategy to extend the product life cycle of boxing.
-
What data from internal business processes will serve as inputs into a cost accounting system for your university? From which specific enterprise systems will this data be recorded and managed?
-
Describe the three types of route structures. Define or illustrate each.
-
Search the Internet and find an example of a sponsorship opportunity at each level of the Sports Event Pyramid.
-
How would you assess the problems associated with introducing this type of technology?
-
Do animals have rights? If so, what are they? What duties do human beings have toward animals? Does KFC protect animal welfare at an acceptable level?
-
Explain how time is wasted in management of projects.
-
Distinguish between project and feeder buffers.
-
Buffers are not the same as slack. Explain.
-
The article "SAC Case Tests a Classic Dilemma" describes how certain aspects of the government's insider trading case against SAC Capital resembles the standard prisoner's dilemma game as well as...
-
Lamar's capital balance is $40,960 after admitting Terrell to the partnership by investment. If Lamar's ownership interest is 20% of total partnership capital, what were (1) Terrell's cash investment...
-
+ The cash balances per books for the Jackson Company on November 30, 2002 and December 31, 2003, are $3,625 and $10,967 respectively. The following checks and receipts were recorded on the books for...
Study smarter with the SolutionInn App