Define construction in progress.

Q: Define Prior service cost.

A:

Q: Define composition

A: Composition: The composition is the act of putting something jointly, or the grouping of rudiments…

Q: Explain the characteristics

A:

Q: b. What is the expected project completion time? c. Which are the critical activities?

A: a. Please refer with the Gantt chart below. b. Expected project completion time = 8 weeks c.…

Q: What is physical life of project?

A: Physical life of a project is the duration of time in which the project has been fully used and…

Q: The components of the conceptual framework ?

A:

Q: How Analysis Period Differs from Project Lives?

A: Analysis period is the time period which is considered by the evaluator while assessing different…

Q: Detailed explanation and steps

A: The amount incurred upon manufacturing or production of goods is known as cost. The total cost…

Q: Define the term materiality concept.

A: Accounting concept:   They are the basic rules and assumptions that forms the base for recording the…

Q: Give an example of a system development life cycle flow chart?

A: The SDLC, or system development life cycle, seems to be fundamentally a project management paradigm.…

Q: Define Development costs.

A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

Q: Define Pledging.

A: When we talk about pledging in terms of accounting, it is to be noted that the word pledging is…

Q: Define tangible.

A: Tangible means anything that can be touched and  seen.

Q: What are the technique of project appraisal

A: Step 1: Techniques of the project appraisal are: Profitability index Payback period NPV IRR

Q: Differentiate between divisible and indivisible projects

A: Capital rationing is the process of limiting the projects that the company. It will reduces the…

Q: Define single-project evaluation,

A: SOLUTION:- Single Project Evaluation is the systematic and objective study of the single ongoing or…

Q: Define attainable set

A: Attainable SetA set of all the portfolios that are possible to be formed by the group of the number…

Q: Define a subsequent event.

A: Financial Statement: It refers to the annual reports of the company that is prepared at the end of…

Q: Explain term Renovation and Refinancing with example?

A: A renovation loan is a type of loan that includes the amount of mortgage as well as the amount of…

Q: Define the term Building scenarios?

A: It is vital for a company to assess its performance under various scenarios that could occur in the…

Q: Describe Self-Constructed Assets and explain  Research and Development

A: Property, plant and equipment:   Property, plant and equipment are the tangible assets which are…

Q: Define Exercise date

A: Introduction: Option is a financial derivative and a two party contract to swap some asset or item…

Q: Distinguish between Service Projects and Revenue Projects?

A: Service Projects: Service projects are those projects which are carried out for the welfare of…

Q: Does the Analysis Period differ from Project Lives? Explain how?

A: In a financial term, the Analysis Period is a period of financial analysis of financial statements…

Q: Describe the process of Evaluating a Single Project?

A: A single project can be evaluated using quantitative, qualitative or a combination of both. Project…

Q: Explain the purpose and identify the building blocks of analysis.

A: Financial analysis is the analysis of the financial statements to analyse a entity’s performance and…

Q: Define the term effective rate.

A: The effective rate is the real return on a savings account or any interest-paying investment when…

Q: Define historical costs.

A: Historical cost principle: This is an accounting principle which states that the actual cost paid in…

Q: a. What is the project's IRR? Note th

A: IRR is the rate at which NPV of a project is 0 which means it is the rate at which company is able…

Q: Explain the Planning and Permitting Process?

A: A set of rules that are being made for the management of the complex systems by setting appropriate…

Q: EXPLAIN THE RESULT OF EACH ITEMS

A: Balance sheet is the statement of assets, liabilities and equity which means the value of the these…

Q: Name the major subsystems of the expenditure cycle.

A: A transaction process system helps a business to process all the transactions are the required…

Q: Discuss impact of Engineering Projects on Financial Statements?

A: Accounting's goals include keeping a systematic record of all financial transactions in a book of…

Q: Define the term Perpetual Service Life of a project?

A: Perpetual service life means that the project will continue in the same manner that would…

Q: Define the term appraisal costs.

A:

Q: What are the Project Cost Elements?

A: The deliverables such as products or services that a project is intended to create defines the work…

Q: Define the term Planning horizon?

A: Organization: Organization refers to the group of organized people with a particular purpose of…

Q: Illustrate The Underwriting Process?

A: Underwriting is a process by which investment banks generate funds for the organization.

Q: Explain Interests, Encumbrances, and Easements?

A: Interest refers to the additional amount paid by a borrower or received by an investor apart from…

Q: Define inventoriable costs.

A: Inventoriable Costs are also known as Product Costs. Inventoriable cost is the cost of manufacture…

Q: Define the term analysis period?

A: The analysis begins with the initial venture expenses and extends through the useful life of the…

Q: Define Materiality.

A: In accounting, materiality refers to the relative size of an amount. Relatively large amounts are…

Q: Explain Evaluat ing a Single Project?

A: Capital budgeting is referred as the process of decision making which is used by companies to…

Types of Insurance Contract

Insurance is a contract wherein an individual or entity gets financial protection from the insurance company for any damages or losses incurred. The individual or entity is called the insured, whereas the insurance company is called the insurer. The insured and the insurer enter a legal contract for a fixed term called the insurance term, and the contract is called an insurance policy.