Being the winning bidder means that your company will earn a profit on that project. A) True B) False
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- I hired a consultant to prepare a feasibility study of a project, which I am actively considering implementing. I paid the consultant $75,000 to do the study. The fee was quite reasonable. The project involves construction of a building for which I would also need a properly located piece of land. I bought such a piece of land about 10 years ago for the unbelievably low price of 1 million. Lucky me! Based on what I describe above, I feel pretty good about the project being a success. True or False? and Why?Risk-benefit analysis is tricky and difficult becausea. it is hard to quantify and put a realistic price tag on riskb. it is difficult to find the most favorable ratio between risks and benefitsc. one must consider who takes the risks and who reaps the benefitsd. it is unreasonable to analyze project feasibility on that basis whats the answerWhich of the following projects would normally be accounted for in a capital projects fund? O A) The construction of a parking garage operated as an enterprise fund. OB) Payment of interest on bonds issued to finance the construction of a new city hall, OC) The construction of a police station addition. O D) Payment of principal on revenue bonds. Question 2 ( Siler City receives a trust donation for the purpose of maintaining flower beds in city parks, but the donor does not specify that the principal must be maintained. This type of trust would be most appropriately accounted for in a O A) Permanent Fund B) Special Revenue Fund OC) Private Purpose Trust Fund OD) General Fund.
- apply the scenario to an Entertainment Management contract found within the public domain (e.g. on the internet), the contract must be referenced. Scenario 1: Hot Steppa is a 13 year old up and coming dancehall artiste who has been making major waves on the local dancehall scene. Hot Steppa has been making the rounds on the local entertainment tv show circuit and has been getting steady airplays on radio. However, Hot Steppa has been largely overlooked by major promoters for stage show booking and other more lucrative events. Hot Steppa has approached YOU an established Entertainment Management professional in an effort to break into the stage show segment. question Outline of what you are proposing to do for the clientBen London owns and operates Fantastic Footage, a film-editing company in Los Angeles that does contract work mostly for production companies in Hollywood. Not long ago, a local landscaping business completed nearly $8,500 worth of work around London's offices. While the initial bid seemed a little high for the amount of work that was actually done, there is no question that the work completed was of high quality, and London finally feels comfortable inviting potential clients to meet him at his office to discuss possible deals. However, because of an apparent oversight, the landscaping contractor never submitted a bill. It's been more than 15 months since the completion of the project, and London has come to conclude that the contractor somehow lost track of the project. He is thinking about calling the company to ask for a final invoice so that he can settle up, but business has been really slow over the last year or so, and it hasn't been easy to pay all of the bills as it is.…Ben London owns and operates Fantastic Footage, a film-editing company in Los Angeles that does contract work mostly for production companies in Hollywood. Not long ago, a local landscaping business completed nearly $8,500 worth of work around London's offices. While the initial bid seemed a little high for the amount of work that was actually done, there is no question that the work completed was of high quality, and London finally feels comfortable inviting potential clients to meet him at his office to discuss possible deals. However, because of an apparent oversight, the landscaping contractor never submitted a bill. It's been more than 15 months since the completion of the project, and London has come to conclude that the contractor somehow lost track of the project. He is thinking about calling the company to ask for a final invoice so that he can settle up, but business has been really slow over the last year or so, and it hasn't been easy to pay all of the bills as it is.…
- Is there a difference between "risk management" and "risk assessment," since both phrases are often used interchangeably?When completing a "Proof of Loss" form following a claim, the insured is required to inventory not only the damaged property but, if required, the undamaged property as well. What is the reason for this? OA) It prevents the insured from exaggerating the value of the property damaged or destroyed. OB) It permits the insurer to determine the proportion of the total value represented by the damaged property. OC) It prevents the insured from becoming a co-insurer. OD) It is required to provide statistics as to the number of total losses versus partial losses.Perfection benefits the secured party by preventing other creditors from getting a secured interest in the collateral. Select one:T/F To perfect a security interest, one may take a purchase-money security interest in consumer goods. Select one:T/F
- A Delaware LLC wanted to acquire a 300,000 square foot class “A” office building in Philadelphia for $150 per square foot that was 77% leased. Wells Fargo agreed to fund a purchase money mortgage loan with a maximum LTV of 60%. What is the minimum amount of equity that would be needed to close the acquisition? a. $45,000,000 b. $9,000,000 c. $18,000,000 d. $27,000,000Enumerate the duties to be performed by a Cost Auditor??A partnership agreement should include all of the following EXCEPT: (A) An indication of each partner's percentage of profits or losses. (B) The amount of cash or property which has been contributed by each of the partners. (C) How reimbursements for out-of-pocket expenses will be handled. (D) The amount of each partner's salary that they will receive each year.