COSC 477 FINAL QUESTIONS AND ANSWERS 100% VERIFIED

COSC 477 FINAL QUESTIONS AND ANSWERS 100% VERIFIED
Question :COSC Scholarships
Correct answer:3.8-Million-dollar endowment total -
minimum single endowment is 25,000 - individual
donates 15,000, CIAC will donate 10,000 1998 is when
CIAC started - Budget 2017 is 450,000, 200,00 carry over
to 2018 12 goals for 12 years
Question :#1 financial partner to a GC...
Correct answer:Bonding Company
Question :Overbillings
Correct answer:or BILLINGS in EXCSS of COSTS and
PROFITS, are a LIABILITY that must be recognized on a
contractor's balance sheet before its financial statements
can be truly meaningful and useful - Reflects too much
profits on the P&L statement
Question :Underbillings

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