Often, the sum of the initial estimated costs is greater than the amount of funds budgeted by the sponsor. what should be done to arrive at an acceptable budget amount

Answers

Answer 1
In order to arrive at an acceptable budget amount, there is a need to revise the budget expecting that several iterations may need to be made to reduce the costs .Oftentimes, the amount that is planned is not followed due to unexpected reasons. At times, it would be greater than what was estimated so that adjustments should be made in order to decrease the costs. 

Related Questions

Golddigger services inc. provides services to clients. on may 1, a client prepaid golddigger services $65,000 for 6-months services in advance. golddigger services' general journal entry to record this transaction will include a:

Answers

If these are the missing choices:
a.Debit to Unearned Revenue for $65,000.
b.Credit to Management Fee Revenue for $65,000.
c.Credit to Cash for $65,000.
d.Credit to Unearned Revenue for $65,000.
e.Debit to Management Fees Revenue for $65,000.

My answer is: D. Credit to Unearned Revenue for $65,000.

May 1 journal entry will also have a debit of Cash for $65,000.

Since it is a prepayment, it means that Golddigger Services Inc. has a liability to perform the services that have been prepaid.

May 31 journal entry will have a debit to Unearned Revenue and a credit to Earned Revenue for 10,833.33. This is for the services earned for the 1st month.

65,000 / 6 months = 10,833.33 per month.



Your aunt has a fear that makes it difficult for her to leave her home. she feels trapped and is unable to work or engage in any type of activity that requires going outside of her home. you are not surprised when you find out your aunt is diagnosed with

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You are not surprised when you find out your aunt is diagnosed with agoraphobia.
Agora in Greek basically means - a town square, a place where there are a lot of people. Phobia means fear. So if you connect those two words, you will get - a fear of crowded places, which is something that your aunt has if she cannot even leave her house because she is afraid of the outside world. 

Based on the graph below, if January and February are the two coldest months, what can you conclude about the selling of French fries and cold weather?

Answers

January and February are the 2 worst months to make a large profit by selling french fries. The most sold are during September and November. These months are much warmer than January and February.

January and February are the 2 worst months to make a large profit by selling french fries. The most sold are during September and November. These months are much warmer than January and February.

Which graph is the graph of the function?

The graph of a feature f is the set of all factors in the plane of the form (x, f(x)). We can also outline the graph of f to be the graph of the equation y = f(x). So, the graph of a feature is a special case of the graph of an equation.

What does the axis of a graph constitute?

An axis is a line to the aspect or backside of a graph; it's far labeled to give an explanation for the graph's meaning and the devices of measurement. The x-axis, the horizontal line at the lowest of a graph, may be labeled to present facts about what the graph represents.

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If a firm is producing so that the point chosen along the production possibility frontier is socially preferred, then that firm is said to have achieved:

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Final answer:

A firm achieves allocative efficiency when it chooses a production point on the production possibility frontier (PPF) that is socially preferred. This means that resources are used to produce the goods and services most valued by society.

Explanation:

If a firm is producing goods and services such that the production point chosen along the production possibility frontier (PPF) is socially preferred, that firm is said to have achieved allocative efficiency. The PPF shows the maximum possible output combinations of two goods or services that a business can achieve, given the limited resources. It's based on the concept of economic efficiency, which involves making the best use of scarce resources.

The PPF takes a typical outward curve shape, indicating an increase in the production of one good can only be done by decreasing the production of the other. Choices inside the PPF are considered wasteful, while choices beyond the PPF are unobtainable given the current resources and technology. By choosing a production point on the PPF that is socially preferred, the firm ensures that its resources are used to produce the goods and services that society most values, thereby achieving allocative efficiency.

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The simple annual interest rate on a loan is 5%. what is the interest due on a loan of $3,500 after one year

Answers

The formula is
I=prt
I interest due ?
P principle 3500
R interest rate 0.05
T time 1 year
I=3,500×0.05×1
I=175

The simple annual interest formula shows the interest charged on a loan.

To solve follow the formula - I = Prt

P is the principle, r is the annual interest in decimal form and t is the loan period.

I = ?

P principle = 3500

R interest rate = 0.05

T time 1 year

I=3,500×0.05×1

I=175

The answer is $175, so the amount of interest charged on the loan in one year is $175.

Okun's law states that​ ____________.
a. when growth of gdp is​ positive, it tends to be positive in subsequent quarters.
b. when growth in real gdp is above​ 3%, unemployment drops and when it is below​ 3%, unemployment increases.
c. during​ recessions, firms tend to not lay off workers if they believe the slowdown will be temporary.
d. when growth in real gdp is below​ 3%, unemployment drops and when it is above​ 3%, unemployment increases.

Answers

The answer is option B.
Okun's Law states that when growth in real gdp is above​ 3%, unemployment drops and when it is below​ 3%, unemployment increases.
Okun's law is actually a comparison or relationship between the unemployment and country's production. Arthur Melvin Okun is a person who proposed this relationship and after his name, this law was named as Okun's law.





A mixed economy is

A.dependent only on the choices of individuals and businesses
B.a combination of individual choice and government protection
C.where people produce and trade traditional goods
D.completely based on government decisions

Answers

Generally speaking a mixed economy is "B-a combination of individual choice and government protection," although the balance is often more tilted towards individual choice.

A mixed economy is a combination of individual choice and government protection. Hence, option B is appropriate.

What is the Mixed Economy?

A system that has elements of both socialism and capitalism is called a mixed economy. A mixed economy protects private property as well as permits some economic freedom in the utilization of capital, but it also permits government intervention in the economy to further social objectives.

An economic system that combines parts of a market economy with elements of a planned economy, marketplaces plus state interventionism, combining private enterprise with public enterprise is referred to as a "mixed economy." A blend of free-market and socialist ideals characterizes all mixed economies.

Market, command, as well as traditional economies, are the three diverse types of economies that are combined in a mixed economy. It's critical to first comprehend every one of the three sorts of economies that make up a mixed economy to comprehend how it functions.

Hence, option B is correct.

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The viability and relevancy of insurance products sold to businesses and individuals by Old Mutual?

Answers

The viability and relevancy of insurance products sold to businesses and individuals by Old Mutual Is that they help businesses in the long run to maintain stability.
The insurance product is a form of expense that is paid by businesses and individuals to act as a safety net that save their financial problems if unusual things happen to them (such as accidents or natural disaster)

Answer

Insurance products protect against financial risk and property loss. They provide stability to individuals and businesses in the long run.  

Explanation

An insurance product is a type of financial arrangement in which the insurance provider agrees to pay on covered claims. In turn, the buyer pays a monthly premium. Common insurance products are life insurance, auto insurance, health insurance, home insurance, etc.  

Insurance products are bought by individuals and businesses as a form of risk management. They are used as a hedge against uncertain loss and contingency. Insurance provides a sense of security. Thus the businesses can take risks and make greater profits. Insurance products can be considered viable if they are profitable  

Further Explanation

There are a large number of financial products and tools such as savings, loans, insurance products,  and current income, etc, that can help businesses and individuals to manage risk. Among these, insurance products are the most valuable and relevant.  

If the other alternative tools and products mentioned above are accessible at a lower cost and are providing better coverage than insurance products, then in that case insurance products will not remain relevant.  

But these alternative tools are relevant only if the cost to be covered is low or the event is predictable.  So in most situations, the insurance products are relevant, as they protect individuals and businesses against potential loss on behalf of a fee which is premium. The cost of loss is transferred to the insurance provider.  

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Learn more about life insurance at: https://brainly.com/question/1373572  

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Keywords

Insurance, Risk, Security, financial loss, stability, finance, businesses, Uncertainty, profits, premium.

A(n) _____ is an agreement regarding the use of land that "runs with the land". 2012books.lardbucket.org

Answers

The answer for the missing blank would be:

Easement

An easement is wherein a person establishes an agreement to use the other person’s estate. It is more an estate with the profit, and the profit can extend when you take something from a land.

Lenovo, the chinese computer manufacturer, is a corporation where it is difficult to identify one country as the home country. lenovo can be described as a _____ corporation.

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The answer to this question is a "Stateless Corporation". Lenovo, a known and a big time Chinese computer manufacturer that sells their product in different part of the globe is a corporation where it is difficult and hard t be identified in one country as their home country. Then this Lenovo computer company can be described and called as a stateless corporation.

Final answer:

Lenovo can be described as a multinational corporation with operations and offices in multiple countries. Examples of global assembly lines and the relocation of clothing corporations demonstrate the impact of globalization on multinational corporations.

Explanation:

Lenovo can be described as a multinational corporation. A multinational is a large corporation that has manufacturing or service companies in various countries. Lenovo, a Chinese computer manufacturer, has operations and offices in multiple countries, making it difficult to identify one country as its home country.

One example of global assembly lines is the production of Apple products. Apple designs its products in the United States, sources components from different countries, and outsources assembly and tech support to other nations. Similarly, Lenovo operates globally and relies on international transactions to manufacture and support its products.

The relocation of clothing corporations from the United States to China is another example of globalization and multinational corporations. This shift in manufacturing locations has led to changes in global supply chains.

Which variance is directly impacted if the employees who build the product go on strike and temporary workers who are slower and not as skilled areâ hired?

Answers

Labor efficiency variance is directly impacted if the employees who build the product go on strike and temporary workers who are slower and not as skilled are hired. Variance is the difference between actual result and your expected or desired result. 
When we calculate the comparison of actual hours worked with the standard hours allowed is labor efficiency variance. The comparison is calculated at the standard labor rate.

Resellers for universal containers need access to reports in the partner communities to help manage their opportunities.how should salesforce be configured to give resellers the correct level of access to reports?

Answers

Sales-force be configured to give re sellers the correct level of access to reports by creating the appropriate list views and report folders in the partner communities for all the partner users. Reports and Dashboards must be available for partners in communities and must not have to change the sharing permissions from public for the objects that the partners have access to. This would define that partners like internal users have a better general image when the report is created to present to them. The information in the reports generated must follow the regulations in the sharing policy. All the information presented must be shown to the partner portal user if the report shows to its internal user. 
Final answer:

Resellers can access reports in Salesforce's Partner Communities by assigning them a Partner Community License and enabling 'Run Reports' permission in their profile or permission set. The specific report folders they can access can further be customised through sharing rules.

Explanation:

In Salesforce, it is possible to adjust permissions to allow resellers to access reports within the partner communities. Firstly, the reseller should be assigned a Partner Community License. The Partner Community user’s profile or permission set should be modified to have 'Run Reports' permission enabled. Depending on the exact view needed, it is also possible to customise the specific report folders resellers can access by setting up sharing rules for report folders. It is vital to ensure that the resellers only get access to the needed and relevant reports which are associated with their opportunities.

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A ____________ is generally priced at a flat rate and allows software to be used on all computers at a specific location.

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The answer to this question is a site license. A site license is a type of software license where in the user is allowed to install a software to a several number of computers and use the software in a particular / specific site through a network. The software licensing is another term used for site license.

In which core leader competency do you determine information sharing strategies?

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Communication is the core leader competency in which you determine information sharing strategies.
Through communication, a leader could convey the goals of the organizations and motivate all members of the group to give their best in order to achieve those goals

A supervising broker has had his license revoked. what happens to the sales associates and broker associates who work within the brokerage under the direction of this broker?

Answers

The best answer for this question would be:

 

That the licenses revert to involuntary inactive status

 

Because brokers can work alone, and have the option of hiring agents to work for them. But since, a sales associate has achieved their rights have license as a broker, they have chosen to work under a broker company. The result of the confiscated license is that it would be temporarily inactive.

The two white or amber colored lights in the rear of your car are turned on when your car is

Answers

The reason why the two white or amber colored lights in the rear end of the car are turned on is because when the car is backing up, these lights are represented as the back up lights. It is used in order to alert the cars on the back that the car is about to back up or drive in reverse. It sends them the alert to know that they should stop or back up when the car is about to drive in reverse.

Answer:the car is backing up

Explanation:

If you took a new, strong antibiotic, which vitamin would you most likely need that you didn't need before

Answers

It is the vitamin K. Vitamin K is a fat-dissolvable vitamin that is most outstanding for the vital part it plays in blood coagulating. In any case, vitamin K is likewise significant to building solid bones, averting coronary illness, and critical piece of other real procedures.

The financial _________ law requires owners and operators of motor vehicles to be financially responsible for damages they cause when involved in a crash.

Answers

The answer to this question is the Financial Responsibility Law. The Financial Responsibility Law is a Law where in an individual should prove that in case of a motor accident he or she can be able to pay the damages. These are the situations where an individual need to show proof of being financially responsible is when you have to register your car, after a collision or accident happened, and when a police officer asked you during a traffic stop.   

Answer:

The answer is the financial responsibility law

Explanation:

What is one of the opportunity costs of attending college?

Answers

One example of opportunity cost of attending college is “the highest valued alternative one forfeits to attend college”.

So basically, the opportunity cost would essentially be anything you would have done, and the money earned and saved had you not attended college. When people go to college, they come to a decision to put off full-time employment or a career for four years. Depending on one's scenario, the opportunity cost could be higher.

Answer: the money spent on tuition could’ve been invested in stocks or bonds.

Explanation: apex

What literary device can be used for "her voice is full of money" the great gastby?

Answers

It is a case of a representation since Fitzgerald is making an aberrant correlation between two apparently detached or dissimilar to objects. Somebody's voice is not typically connected with his/her riches/status; in fact, we do interface accents, lingo, and vernacular with social classes, however for the most part, the tone of somebody's voice is not contrasted with his or her social class.

During the gdl program, the dps can suspend or revoke your license for __________ or more moving violations in twelve months.

Answers

Final answer:

The Department of Public Safety can suspend or revoke a driver's license under the GDL program for two or more moving violations within twelve months.

Explanation:

During the Graduated Driver Licensing (GDL) program, the Department of Public Safety (DPS) can suspend or revoke your license for two or more moving violations in twelve months. This is to ensure that new drivers maintain a safe driving record and adhere to traffic laws. Accumulating multiple moving violations indicates to the DPS that the driver may not be practicing safe driving habits, and as such, poses a higher risk on the roads. This can lead to a suspension or revocation of driving privileges to protect the driver and others on the road. It's important for GDL participants to be mindful of traffic laws and strive for no violations to maintain their license status.

_______ advertising generally occurs in the growth and early maturity stages of the product life cycle, when competition is most intense, and attempts to accelerate the market’s acceptance of the product.

Answers

 Persuasive Advertising generally occurs in the growth and early maturity stages of the product life cycle, when competition is most intense, and attempts to accelerate the market’s acceptance of the product. This type of advertising encourages first time customers to try its product, when there are several similar products in the same category on the market.

Mary martin, the owner of martin consulting, started the business by investing $42,000 cash. identify the general journal entry below that martin consulting will make to record the transaction.

Answers

Cash: 42,000
Common Stock: 42,000
Hope this helped, dear friend~

A person who is the subject of an employment termination report is entitled to

Answers

According to Texas Commission on Law Enforcement or TCOLE 217.8: Contesting an Employment Report,  a person who is the subject of an employment termination report is entitled to file a petition contesting information included in the employment termination report. The written petition for modification of the report must be filed with the executive director on a form currently prescribed by the commission and a copy must be served on the law enforcement agency.

What quality best describes a producer with an absolute advantage?
A. Efficient
B. Fast
C. Accurate
D. Prolific

Answers

the anwer is efficient. fast writers may be in too muchh of a rush, accurate writers may focus on only one story, prolific writers may create too many of the same story

The correct answer is:

efficient

This four qualities which are, efficient, fast, accurate, prolific are referring to one best quality which is for being very productive. Speaking of producer meaning is to produce plenty and it is 100% efficient, and it is an absolute advantage.

Explanation:

The producer that needs a smaller quantity of inputs to produce a good is said to have an absolute interest in performing that good. Comparative advantage refers to the capacity of a party to produce a different good or service at a lower consistency cost than another.



The ______ operator always follows the cin object, and the ______ operator follows the cout 44 object.

Answers

The >> operator always follows the cin object, and the << operator follows the cout 44 object.
Cout and Cin are not key words in the C++ language. Cout is used for output and cin for input. They are variables, instances of classes, that have been declared in <iostream>. The cin object in C++ is an object of class istream and cout is an object of class ostream.

An insurance policy written after 1988 that fails to pass the seven-pay test is known as

Answers

The answer to this question is a modified endowment contract. A modified endowment contract or MEC is a type of life insurance policy where in the policy/ insurance is being funded with more money or the insurance premium payment exceeds the amount allowed under the federal law. The modified endowment contracts are taxable.
Final answer:

An insurance policy written after 1988 that fails the seven-pay test is known as a modified endowment contract (MEC). It has certain tax rules and restrictions, and the tax treatment changes when a policy is classified as a MEC.

Explanation:

An insurance policy written after 1988 that fails to pass the seven-pay test is known as a modified endowment contract (MEC).

A modified endowment contract is a type of life insurance policy that is subject to certain tax rules and restrictions. It is created when an insurance policy fails to meet the seven-pay test, which is a requirement for a policy to retain its tax benefits.

When a policy is classified as a modified endowment contract, the tax treatment changes, and certain distributions may be subject to income tax and penalties.

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If you show the audience the impact of brain injuries in child athletes and then tell how to improve the situation, you are using which organizational pattern?

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The answer to this question is Problem and solution organizational pattern. In Problem and solution organizational pattern it presents the problem and what caused the problem then explains the possible solution for the problem. Using this kind of organizational pattern, it can persuasive listeners and can tend to let the audience believe in the solution that the person is implying.  

What minimum amount of body weight loss (lbs) is shown to improve physical capabilities and quality of life?

Answers

This is not a question that can really be answered with a specific number. The answer will vary from person to person and it would be best to consult a medical professional to get a solid answer for your individual situation. Some people would benefit by weight loss, others might just need to adjust their habits in order to improve their abilities and quality of life. Generally speaking, weight loss will not matter as much as eating healthy and getting regular exercise. Both of these will have an impact on quality of life.

Alex works as an accountant at a pharmaceutical company. his job frequently demands that he work overtime. lately, his health has taken a beating because of his overwork. alex is eligible for a promotion. but the new position would demand longer working hours at twice the pay of his current position. alex obviously values his health over his paycheck at the end of the month. in terms of expectancy theory, the promotion has a _____ for alex.

Answers

The answer to this question is a Negative Valence. The term Valence in psychology means an emotional value of a person’s attraction to a specific event or thing that can be either positive feeling or a negative feeling.  Negative Valence often co notates the words such as fear, anger, sickness, death, etc. 

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