The Palm Beach Gardens management action-item log begins with 14 open items, closes 9, and adds 5. How many action items remain open?
Correct Answer
B) 10 action items
Open action items equal beginning open items less closed items plus new items.
Why This Is the Correct Answer
Open action items equal beginning open items less closed items plus new items.
Why the Other Options Are Wrong
Option A: 14 action items
14 action items is above the supported result for action-item log; it likely adds an unsupported amount or compares the wrong financial base.
Option C: 19 action items
19 action items is above the supported result for action-item log; it likely adds an unsupported amount or compares the wrong financial base.
Option D: 23 action items
23 action items is above the supported result for action-item log; it likely adds an unsupported amount or compares the wrong financial base.
Memory Technique
Action-Item Log drawer for Administrator Updates: label open before counting dollars.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Management Meeting Action Items; use the stated business record or control rule to verify the answer.
More Business & Finance Questions
The Cedar Key subcontract closeout file requires 44 final releases, and 31 have been received. How many releases are missing?
A Florida GC prepaid $18,000 for annual insurance and expenses it evenly by month. After 7 months have expired, what prepaid asset remains?
The West Miami system access list starts with 22 active users, adds 4, and removes 7. How many active users should remain?
The Winter Park bank review shows a bank balance of $124,600, book balance of $119,400, and known timing items of $3,200. What unexplained difference remains?
The Riverview bank review shows a bank balance of $87,500, book balance of $90,400, and known timing items of $1,600. What unexplained difference remains?
A Satellite Beach contractor had 4 separations during the quarter and an average headcount of 32. What turnover rate should HR report?
A Winter Park startup budgets monthly overhead of $61,500 and wants a 4-month operating reserve. What reserve should be funded?
A Royal Palm Beach customer account has unpaid approved invoices of $126,000. Company policy requires review when unpaid invoices exceed $100,000. What status applies?
A Wildwood contractor had 9 separations during the quarter and an average headcount of 60. What turnover rate should HR report?
A Clermont field group had 64 absence hours out of 1280 scheduled hours. What absence rate should be reported?
People Also Study
Related Study Resources
Previous Question
A Ocala concrete crew has 4 workers for 10 hours at $36 per labor-hour. What direct crew labor cost should be charged to the cost code?
Next Question
The Punta Gorda office receives this payment item: cash receipt from a small service job. Which control best protects the cash receipts trail?