AACE International Recommended Practice No. 34R-05 BASIS OF ESTIMATE TCM Framework: 7.3 – Cost Estimating and Budgeting Acknowledgments: Todd Pickett‚ CCC (Author) Peter R. Bredehoeft‚ Jr. Ted A. Downen Larry R. Dysert‚ CCC Bruce G. Elliott‚ CCC John K. Hollmann‚ PE CCE Copyright 2010 AACE International‚ Inc. Stephen M. Jacobson CCC Carlton W. Karlik‚ PE Christopher L. Kinney Donald F. McDonald‚ Jr. PE CCE PSP Bernard A. Pietlock CCC Richard A. Selg‚ CCE AACE International Recommended Practices
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with a value of $50 billion‚ in addition to their current reach that canvases more than 200 cities and close to 60 countries‚ globally. Lyft‚ who is Uber’s nearest competitor is valued at a "mere" $2 billion‚ and has yet to begin to become Uber’s absolute competition. The majority
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The Absolute Standards Approach is an appraisal method used to assess the performance of employees by presenting a detailed description of the employees’ actual behavior in comparison to a certain set of standards. In this type of appraisal format‚ the appraisers compare the employees to a certain set of standards‚ which may come in the form of checklists‚ rating scales‚ etc‚ rather than to other employees within the organization. The Absolute Standard Appraisal method has 4 techniques: Checklists
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The Importance of Budgeting Budgeting‚ both as a form of planning and a decision-making tool‚ is vital to a company. It provides a detailed estimate of how the company expects to spend money in the following period. Budgeting helps firms to prepare themselves and make alterations‚ if needed‚ in order to achieve the desired results. Budgets allow firms to better utilize the financial resources available to them. Most companies create their budgets on an annual basis‚ aiming to obtain a more precise
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accounting classes. It is my intentions to answer the questions that best that I can but I will have to rely heavily on our text to provide the answers. Why is it important to keep paid-in capital separate from earned capital? It is important to distinguish between paid-in capital and earned capital in order to understand why the two should be kept separate. Paid-in capital‚ which is also referred to as contributed capital‚ "Is the total amount paid in on capital stock." This is money received from investors
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cramped up with single income sources. As discussed in this article‚ few lucky people have managed to utilize easy money saving tips that have enabled them to save money for investments that guarantee a financially stable future. One of the tips is budgeting‚ which acts as a guide in controlling what one spends. Outline what you spend on a monthly basis and correlate the spending with the income you earn. Outline a long term plan on what you want to save in a fixed time frame. This will help you determine
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electric generator | | | b - the steam engine | | | c - the electric motor | | | d - the diesel engine | 4. | | The first form of planning to be widely adopted is | | | a - annual budgeting | | | b - forecast-driven financial planning | | | c - long-range capital budgeting | | | d - econometric modeling | 5. | | What is true of formal programmatic strategic planning (PSP)? | | | Its champions believed science could reduce entrepreneurial genius to formal step-by-step
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Chapter 8 The Cost of Capital 236 CHAPTER 8—THE COST OF CAPITAL TRUE/FALSE 1. Capital refers to items on the right-hand side of a firm’s balance sheet. 2. The component costs of capital are market-determined variables in as much as they are based on investors’ required returns. 3. The cost of debt is equal to one minus the marginal tax rate multiplied by the coupon rate on outstanding debt. 4. The cost of issuing preferred stock by a corporation must be adjusted to an after-tax
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First and foremost‚ deviant acts are utterly relative; it’s not possible to isolate certain acts and find them universally condemned by all societies as deviant. Deviant acts‚ furthermore‚ are relative to time and place. That is‚ behaviorpast and present‚ and the across the cultural spectrumin one society may not be deviant in another society. For example: Was Nelson Mandela a deviant? For years‚ the ruling white-minority party in apartheid South Africa viewed him as a "dangerous political deviant"
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HUMAN AND SOCIAL CAPITAL BY: JOSEPH KIOKO REG. NO: D80/61281/2011 DATE: 05/06/2013 LECTURER: PROF. P. O. K’OBONYO Introduction and Definitions: Human capital is defined by the OECD (1998‚ p9) as “the knowledge‚ skills and competences and other attributes embodied in individuals that are relevant to economic activity.” While Duration of schooling and levels of qualification are the standard measures used to measure human capital the OECD itself
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