Q1) Fill in the blanks in the following: The three criteria that are required...
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Accounting
Q1) Fill in the blanks in the following:
- The three criteria that are required to be checked together in order to assess an action of an individual of being ethical and unethical (in accordance with Gerald Cavanagh, Dennis Moberg, and Manuel Velasquez) are 1. . 2. . 3.
- How the organization puts its ethical stance into practice, by addressing different stakeholders interests is referred to as
- The competencies of an engineer may be categorized into 1. 2. 3.
- The degree to which a person is able to achieve objectives is referred to as
- Accomplishing tasks with optimizing the use of resources is referred to as .
- .. may be defined as a mental position regarding a fact or state; a feeling or emotion towards a fact or state. This represents one category of competencies.
- .is one example of the process groups that take place in project management in accordance with the PMBOK published by the PMI.
- The following are four examples of technical engineering knowledge areas that are required to be mastered by an engineer involved in the design of steel bridges: 1- 2- 3-
- Mark each of the following numbered statements with either true or false:
1) Actively managed infrastructure systems typically have a structured process for asset management. ( )
2) Structured processes for infrastructure management are usually planned to take place whenever chances allow rather than being put for regular time intervals. ( )
3) Owners can reduce the risk of unexpected infrastructure failures and plan for preventive maintenance and this is why asset management does not really require resources. ( )
4) Appreciation is an accounting term that represents a loss in value over time and is usually considered a cost of business. ( ).
5) The only available means of recording loss of value of equipment over time, for accounting purposes in a construction company, is to use linear loss of value relationships. ( )
- You have been assigned as the engineer responsible for the management of wastewater treatment plants (WWTPs) in the City of Parks in a country that has historical sites that attract many visitors each year. Estimates show that the annual maintenance cost of those plants is around 10 million national currency units (NCs) of that country. The Head of the Municipality (HoM) of the City of Parks, to whom your supervisor is reporting, has made the case that budget is not available for both your maintenance plans (of the WWTPs) and for building the new school in the City of Parks. The estimated construction cost of the school is 7 million NCs. Make a business case to convince your supervisor and eventually the HoM to get your required budget, competing with the school project. Make the required assumptions. (Hint: you may wish to use the Triple Bottom Line as a basis for your business case).
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