Answer: 1. Deliverables
2. Objectives
Explanation: A deliverable is a project management term that describes tangible or intangible goods or services that are produced from the project, with the intention of being delivered to a consumer.
An objective in this context is a goal that an enterprise aspires towards achieving.
In every enterprise each section is tasked with producing outputs within each department, and deliver to customers. The intention is to of achieve the overall objectives set by the enterprise. Functions are designed to operate cohesively, with the aim of achieving these 2 aspects and ensuring that the enterprise runs smoothly and generates the best possible outcome.
Honesty
Loyalty
Cooperation
<span>responssibility
</span><span> ability to get along with others</span>
Answer:
Bank Reconciliation Statement:
Calculation of Adjusted cash Balance on 31 May:
Cash Balance: $ 29,300
less: Bank Charges $ (190)
less: NSF Check <u> $ (420)</u>
Adjusted cash Book Balance $ 28,690
Add: Outstanding Checks $ 6,500
Less: Uncleared Checks <u>$ 7,100</u>
Revised Cash Book Balance (A) <u>$ 28,090</u>
Bank Statement Balance $ 27,600
Add: Error by Bank <u>$ 490 </u>
Adjusted Bank Balance (B) <u>$ 28,090</u>
Explanation:
Bank reconciliation is a company document prepared in order to reconcile difference between balance as per cash book and balance as per bank statement.
The difference arise because of two reasons:
- Timing differences (Outstanding checks and Uncleared checks
- Error and Omissions. (Bank charges -NSF)
Answer:
PPF : Downward Sloping Straight Line
Explanation:
PPF is the locus of product combinations that an economy can produce, given resources & technology.
It is downward sloping : Because of inverse relationship between two goods- if one has to be increased other has to be decreased , because of same resources & technology.
Marginal Opportunity Cost (Slope of PPC): is ratio of a good sacrifised to gain each additional unit of the other good.
∆ Good sacrifised / ∆ Good gained
If this ratio is same i.e constant amount of a good is sacrifised to gain an additional amount of the other one , the slope of PPC is constant & it is a straight line
Eg : Good1 Good2 MOC [∆Good2/∆Good1]
0 20 _
10 10 -10/10 = -1 (10-20)/(10-0)
20 0 -10/10 = -1 (0-10)(/20-10)
So , same (1) good 2 is sacrifised to attain a good 1 each time.
However Generally: MOC is increasing , because of assumption that resources are unequally efficient in various goods production - shifting good from efficient to inefficient increases sacrifise each time. This makes PPC usually concave.
Answer:
C. Take corrective action.
Explanation:
According to the information given to us in the question, we can say that Jimmy's supervisor is taking corrective action when he gives Jimmy suggestions to improve his efficiency. We can determine this because Jimmy has been lacking in productivity and by giving him pointers on how to improve his productivity Jimmy's manager is taking action towards solving a problem.
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