A homeowner in a recently built subdivision plans to build an extra bedroom extending from the back of the house. Nobody in the subdivision has added on to their houses in a similar manner yet. What would the homeowner need to obtain before he could begin work on this project?

A. Building permit
B. Certificate of occupancy
C. Conforming use permit
D. Variance

Answer: A. Building Permit
A property owner must obtain a building permit from the city or county before making significant altercations to an existing building.

Business

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The amount of inventory to order that will total the minimum total ordering and holding costs is called the ________

A) Economic Order Quantity (EOQ) B) Reorder Point (ROP) C) Economic Reorder Point (ERP) D) Point of Economic Quantity (PEQ) E) None of the above

Business

Ms. Davidson is the project manager at a local warehouse. She is responsible for the supervision and development of staff and she also prepares and maintains the reports

Recently, she became friends with a coworker, Betty, who is a staff manager that she oversees the business operations division. She discovered that Betty was reporting higher rates of completion on several projects and she overstated the estimations on operating income in her department to inflate profits and make the department look better. What should the project manager, Ms. Davidson, do about this issue? What will be an ideal response?

Business