Fire Instructor > EXAM > NICET 3 FIRE ALARM EXAM STUDY QUESTIONS WITH COMPLETE REVISED ANSWERS GUARANTEED PASS | RATED A+ (All)

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NICET 3 FIRE ALARM EXAM STUDY QUESTIONS WITH COMPLETE REVISED ANSWERS GUARANTEED PASS | RATED A+

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NICET 3 FIRE ALARM EXAM STUDY QUESTIONS WITH COMPLETE REVISED ANSWERS GUARANTEED PASS | RATED A+ The beginning of every design project starts with the customer specification included in the - Answe... r>>> Request For Proposal or RFP. Reading and interpreting the ____________ is a major factor in a good bid proposal and system design. - Answer>>> Specification If you take the safer approach, and add safety factors into your bid to account for things you may have missed in the specification, you probably will ______________ - Answer>>> not be the low or successful bidder. Accounts Payables - Answer>>> debts that the company owes and expects to pay within one year that are not evidenced by a written promise to pay. Accounts Receivable - Answer>>> invoices owed to the company that will likely be paid within one year and have not been formalized by a written promise to pay, such as a note receivable. Assets - Answer>>> resources held by the company that will probably lead to some future cash inflows. For example, a piece of property is an asset because it could be sold to produce a cash inflow. Balance Sheet - Answer>>> The balance sheet is a snapshot of a company's financial assets, liabilities, and the value of the company to its owner at a specific point in time (often referred to as net worth, or equity). Balance Sheets are prepared how often? - Answer>>> At the end of each month and at the end of the year Cash - Answer>>> demand deposits (such as savings and checking accounts), time deposits (such as certificates of deposits) with a maturity of one year or less, and petty cash. Committed Costs - Answer>>> those costs that the company has committed to pay and can be identified before a bill is received for the costs. Cost Control - Answer>>> occurs when the accounting system provides management with the accounting data in time for management to analyze the data and make corrections in a timely manner.. Cost Reporting - Answer>>> occurs when the accounting system provides management with the accounting data after the opportunity has passed for management to respond and correct the problems indicated by the data. Direct Costs - Answer>>> the labor and material to complete a project. [Show More]

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