The project sponsor has asked Franz to hold a kickoff meeting for their project. What is the purpose of a kickoff meeting?

Answers

Answer 1
Answer:

Answer:

A kickoff event's objective is to formally tell-all project stakeholders that the project has started. It introduces the team and assists them in understanding the project's requirements, history, and individual duties.

Explanation:


Related Questions

Demarco and Janine Jackson have been married for 20 years and have four children who qualify as their dependents (Damarcus, Janine, Michael, and Candice). The couple received salary income of $100,000 and qualified business income of $10,000 from an investment in a partnership, and they sold their home this year. They initially purchased the home three years ago for $200,000 and they sold it for $250,000. The gain on the sale qualified for the exclusion from the sale of a principal residence. The Jacksons incurred $16,500 of itemized deductions, and they had $3,550 withheld from their paychecks for federal taxes. They are also allowed to claim a child tax credit for each of their children. However, because Candice is 18 years of age, the Jacksons may only claim the child tax credit for other qualifying dependents for Candice. (Use the tax rate schedules.)
If a purchasing agent must put up a cash deposit for construction services, for security purposes, instead of giving it directly to the contractor, he or she may insist that it be placed in a(n):
Need help asap worth 65 points! Upload your three-page paper that includes the following:• a description of the career• the history of this career: When was it created? What resources does it use? Was there new technology orinnovation involved?• the training necessary for the career• information about why the career interests you
Which of the following statements is true concerning hedge accounting?Hedges of foreign currency firm commitments are used for current sales or purchases.Hedges of foreign currency firm commitments are speculative in nature.Hedges of foreign currency firm commitments are used for future sales or purchases.Hedges of foreign currency firm commitments are used for future purchases only.Hedges of foreign currency firm commitments are used for future sales only.
Marv Company's direct labor costs for manufacturing its only product were as follows for October: Standard direct labor hours (DLHs) per unit of product 2 Budgeted finished units for the period 7,100 Actual number of finished units produced 5,700 Standard wage rate per direct labor hour (SP) $ 20.00 Direct labor costs incurred $ 234,000 Actual wage rate per direct labor hour (AP) $ 18.00 The direct labor efficiency variance for October, rounded to the nearest dollar, was: a. $32,000 unfavorable. b. $20,600 favorable. c. $26,000 favorable. d. $3,200 unfavorable. e. $52,600 unfavorable.

Ed, a businessperson, is a friend of Fran, the owner of a Percolated Coffee & Baked Goods store. Every day, Ed spends five minutes in Fran’s store, looking at the goods and usually buying one or two cinnamon buns or bagels. One afternoon, Ed goes into the store, looks at the items, and picks up a $1 chocolate brownie. Ed waves the brownie at Fran without saying a word and walks out. Is there a contract? If so, how would it be classified in terms of formation, performance, and enforceability?

Answers

Answer:

An contract is an understanding agreement that can be implemented in court it is a shaped by two or more gatherings who consent to perform or to cease from playing out some demonstration now or later on . The target hypothesis of agreements not by the individual or subjective aim or conviction of a gathering .The hypothesis is that gathering's expectation to go into an agreement is judged by outward destinations truths as deciphered by a sensible individual ,as opposed to by the gathering's mystery subjective aims . the essential components of a substantial contract and the path in which an agreement is made. The agreements that fall under this circumstance would be the agreement of arrangement contract of development ,contract of execution and the agreement of enforceability. The main contract would be the agreement of arrangement .They are contracts that are grouped in light of how when an agreement of development .

In the event that Ed had constantly paid for all the earlier pieces of candy, there gives off an impression of being suggested in actuality contract taking into account the earlier course of dealings amongst Ed and Fran.

Waving the sweet treat at Fran can be seen as an affirmation that Ed was not surreptitiously taking the piece of candy, but rather was demonstrating that he would get her the cash for that one later. His questionable signal in light of the gatherings earlier course of managing could sensibly be translated by Fran as a nonverbal IOU at the cost of that 1 piece of candy.There can likewise be an inferred in law contract taking into account the same certainties since to not force a suggested in law guarantee to pay results in the uncalled for improvement of Ed at the expense of Fran.Either sort of inferred contract is enforceable in Court.

Final answer:

The situation between Ed and Fran and the brownie forms an implied-in-fact contract, based on their established habitual behaviors. It's an executed and enforceable contract assuming there are no factors that may render the contract unenforceable.

Explanation:

In the scenario presented, a contract indeed exists between Ed and Fran. This is an implied-in-fact contract because it was formed by the conduct of the parties involved rather than a formal agreement. Ed's habitual behavior of picking up items and paying for them establishes a pattern of conduct and an unspoken agreement.

In terms of performance, this is an executed contract, because Ed picked up a brownie and walked out. Presumably, from past behavior, he is expected to pay later.

As for enforceability, assuming there are no elements that may render the contract unenforceable (such as fraud or mistake), it is enforceable. Fran could presumably sue for breach of contract if Ed failed to pay for the brownie.

Learn more about Contract Formation here:

brainly.com/question/33475425

#SPJ11

Gibson Valves produces cast bronze valves on an assembly line, currently producing 1600 valves each 8-hour shift. If the productivity is increased by 10%, it would then be A) 180 valves/hr

B) 200 valves/hr

C) 220 valves/hr

D) 880 valves/hr

E) 1760 valves/hr

Answers

Answer:

C) 220 valves/hr

Explanation:

Gibson Valves currently producing 1600 valves each 8-hour shift, then its current productivity is 200 valves per hour.

If the productivity is increased by 10%, it would then be 220 valves per hour =

200 *(1+10%)

Final answer:

The productivity after a 10% increase would be 1760 valves/hr.

Explanation:

To calculate the productivity after a 10% increase, we need to find 10% of the current productivity and add it to the current productivity. First, we need to calculate 10% of 1600 valves, which is 160 valves. Then we add this to the current productivity of 1600 valves to get the new productivity, which is 1760 valves.

Learn more about productivity increase here:

brainly.com/question/36447718

#SPJ3

What is the most important thing to remember when writing a draft (apex) A. Use the spelling and grammar checks
B. Write quickly without over thinking
C. Write in phrases, not in sentences
D. Look for mistakes in subject-verb agreement

Answers

Write quickly without over thinking is the most important thing to remember when writing a draft.

Thus, the correct option is B.

What is a draft?

An initial version of a piece of writing or written document that is frequently reviewed before verification is referred to as a "draft."

A written order of payment from one party (the drawer) to another (the drawee) instructing them to pay a specific amount to a third party (the payee) on or before a specific date is an example.

You can rethink and rewrite your thoughts after you draft them by putting them on paper. You will be able to determine where further information and supporting proof are needed by doing this.

It will also help you determine whether the concepts you are providing appear logical and whether your argument is clear.

The full paper will be sent along with the final draft. Your writing ought to appear polished by the time you complete the final draft. Grammar and spelling mistakes, fragmented sentences, weak or nonexistent paragraph transitions, and other first draft flaws should all be eliminated.

Learn more about draft, here

brainly.com/question/20116562

#SPJ2

Answer:

B. Write quickly without over thinking

Explanation:

(APEX)

just took the quiz

Coronado Company had the following department information for the month: Total materials costs $55000 Equivalent units of materials 10000 Total conversion costs $81000 Equivalent units of conversion costs 15000 What is the total manufacturing cost per unit

Answers

Answer:

10.9 per unit

Explanation:

Total manufacturing cost per unit= Material cost per unit + Conversion cost per unit

Material Cost per Unit= Total materials cos / Equivalent units of materials

Material cost per unit = 55000 / 10000 = 5.5

Conversion cost per unit = Total conversion costs / Equivalent units of conversion costs

Conversion cost per unit = 81,000 / 15000 = 5.4

Hence, Total manufacturing cost per unit = 5.5 +5.4 = 10.9 per unit

Tidy Limited purchased a new van on January 1, 2018. The van cost $40,000. It has an estimated life of ten years and the estimated residual value is $3,500. Tidy uses the double-declining-balance method to compute depreciation. What is the adjusted balance in the Accumulated Depreciation account at the end of 2019

Answers

Answer:

$33,600

Explanation:

The computation is shown below:

But first we have to determined the following things

Depreciation rate

= 1 ÷ useful life

= 1 ÷ 10

= 0.1

It is double-declining so the rate is also double i.e. 0.20

Now in the first year, the depreciation expense is

= $40,000 × 0.20

= $8,000

Now in the second year, the depreciation is

= ($40,000 - $8,000) × 0.20

= $25,600

So, the accumulated depreciation at the end of 2019 is

= $8,000 + $25,600

= $33,600

Here the residual value is not relevant. hence, ignored it

On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $70,000 and $1,250, respectively. During 2022, Larry's wrote off $2,675 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,650 at December 31, 2022. Bad debt expense for 2022 would be:

Answers

Answer:

December 31, 2022 Bad debts $ 2975

Explanation:

On December 31, 2021,  Accounts Receivable  $70,000

Allowance for Uncollectible Accounts $1,250

During 2022, Bad Debts  $2,675

Allowance for Uncollectible Accounts  $5,650 at December 31, 2022

Bad debt expense for 2022 would be

December 31, 2021

Allowance for Uncollectible Accounts $1,250

During 2022, Bad Debts  $2,675

Required Adjustment $ 1425

December 31, 2022 Bad debts $ 2975

Allowance for Uncollectible Accounts  $5,650 adjusted Balance

Allowance for Uncollectible Accounts Written Off  $2,675

Required Adjustment  $ 2975

Answer:

$7,075

Explanation:

Bad debt expense occur when the account receivables are no longer collectible due to inability to fulfill financial obligations by the customers in which it must be recorded and accounted for every time a company prepares its financial statements

Bad debt expense = $5,650− ($1,250 − $2,675) = $7,075

Therefore Bad debt expense for 2022 would be $7,075

Other Questions