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NEW QUESTION: 1
What are the responsibilities of the Project Team on level 4 in the picture below?
There are 2 correct answers to this question.
Response:
A. Set business priorities, goals and objectives
B. Set Project policy, standards and oversight
C. Identify and resolve issues and risks
D. Perform status reporting and communication
Answer: C,D
NEW QUESTION: 2
If companies have identical inventoriable costs, but use different inventory flow assumptions when the price of goods has not been constant, then the:
A. cost of goods available for sale of the companies will be identical
B. net income of the companies will be identical
C. ending inventory of the companies will be identical
Answer: A
Explanation:
The cost of goods available for sale will be the same if beginning inventory and purchases are the same, but if different methods are used, cost of goods sold and net income will be different, as different methods give a different value for ending inventory.
NEW QUESTION: 3
A. Option B
B. Option A
C. Option D
D. Option C
Answer: D
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