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.
-
Assume that you purchase a stock on a Japanese market, denominated in yen. During the period you hold the stock, the yen weakens relative to the dollar. Assume you sell at a profit on the Japanese...
-
Price Differentiating E-commerce websites "alter results depending on whether consumers use smartphones or particular web browsers," 34 reports a new study. The researchers created clean accounts...
-
How does EVA differ from residual income?
-
During the month of July, the Town of Lynton recorded the following information related to purchases: General government Amount of Purchase Order Actual Cost $ 550,000 $ 490,000 Public safety 735,200...
-
What is the output of the following code? list 1=[] list_1.append ( [1, (2,3), 4]) print (list_1[0][1][1]) a) The code generates an error b) (2, 3) c) 3 d) 2
-
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...
-
The following information is taken from the inventory records of the CNB Company for the month of September: Required: 1. Assuming that CNB uses a periodic inventory system and employs the average...
-
Describe the goal of reducing the tax liability . Consider the following in your response: Explain the tax effect of implementing the incentive Consider if the tax savings will continue to future...
-
You are an equity research analyst who is following Tencent. You see the following information in its most recent annual report (year 2018): - Net income from non-cash assets: $100 million - - Book...
-
(b) The Chief financial officer of Kurdishy Oil has given you the assignment of estimating the firm's cost of capital. The present capital structure, which is considered optimal, is as follows: Debt...
-
Make a Brainstorming Mind Map or Concept Map about Business Example: TV network deals for coverage Small city teams vs. Large city teams Dependence on investors Player injuries Basketball & big...
-
1.a) Identify a Main Street in Canada. Name the main street and the city/town you have selected. b) Now describe the types of services the Main Street you have selected provides to local governments,...
-
Calculate the pH of a 2.00 M NH4CN solution.
-
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.
-
Describe VoIP and examine the technologies needed to incorporate VoIP into a network. Describe the Linux tools used for troubleshooting Linux systems and networks. four hundred words.
-
Read and discuss your viewpoint on the SANS Linux Security cheatsheet ( https://www.sans.org/media/score/checklists/LinuxCheatsheet_2.pdf ). Does this article provide a good starting point to Linux...
-
.Compare the latest versions of Windows and Linux network operating systems available in the industry and explain how they relate to network security.Your answer should include the following: ...
Study smarter with the SolutionInn App