Lowest bid received by the procuring contracting

Assignment Help Financial Management
Reference no: EM131615757

$150,000 was committed in February for a research and development contract to be awarded in May. Unfortunately, the lowest bid received by the Procuring Contracting Officer was $200,000. According to the rules governing commitments: (select one) A.

A. new commitment for an additional $200,000 should be recorded

B. The $200,000 obligation for the contract award can be recorded without adjusting the original commitment amount

C. The official who authorized the original commitment need not take any action

D. The original commitment amount must be increased to $200,000 before the obligation can be recorded

Reference no: EM131615757

Questions Cloud

What are the supply-side policies : What are the supply-side policies? Why is a bond said to be trading at a premium when the yield is lower than the coupon rate?
What is the materials quantity variance for march : What raw materials cost would be included in the company’s flexible budget for March? What is the materials quantity variance for March?
What is the current price of this bond : The bond matures in five years and pays interest semiannually. The coupon rate is 7.5 percent. What is the current price of this bond?
Company hedging operations : Can you figure out if there are any particular opportunities and/or challenges associated with the Apple company’s hedging operations? why or why not?
Lowest bid received by the procuring contracting : Unfortunately, the lowest bid received by the Procuring Contracting Officer was $200,000.
Budget request adjusted during the budgeting phase : A program is likely to have its budget request adjusted during the Budgeting Phase of the PPBE, if it has repeatedly:
What is the annualized rate of return of your stock : what is the annualized rate of return (geometric average) of your stock during this period?
How heavily followed is the apple company by analysts : What is Apple Company’s beta (ß)? What is the required return ( r) going forward? How heavily followed is the Apple company by analysts?
Company management done in creating shareholder value : how well has the Apple company's management done in creating shareholder value? why?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd