COST ACCOUNTING
CAPITAL BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The safety environment project has characteristics
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Nonrevenue-producing project
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Replacement of old Assets
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New Business Expansion
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Don’t know
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Explanation:
Detailed explanation-1: -Characteristics of a Project It is for a temporary duration that involves a beginning and an end. It has requirements of its own within its limits. It is a one-time deal or endeavor. It is not continuous or something that keeps on happening.
Detailed explanation-2: -A project is sustainable when defects can be corrected, it is able to meet new requirements, future maintenance is made easier, and it can cope with the changing environment.
Detailed explanation-3: -They are cost, scope, quality, risk, resources, and time. Cost is the budget approved for the project including all necessary expenses needed to deliver the project.
There is 1 question to complete.