Answer:
The answer is option "C": ambiguous or conflicting expectations from stakeholders.
Explanation:
To ensure a project is successful, it is essential to understand the expectations of the company owners. If not, the team tasked with executing the project won't have a clear direction, enhancing the risk of project failure.
The gain amounts to $370
Reasoning:
To determine the gain or loss for the date 12/31/2018, according to ABC's amortization schedule
On this date, the carrying value was $196,370 while ABC procured the bonds back for $196,000 on 12/31/2018
Now let’s compute the gain or loss using this formula
Gain/Loss = Carrying value - Bond stock
Substituting into the formula gives us Gain/Loss =$196,370-$196,000
Gain/Loss=$370
Therefore, on the date 12/31/2018, ABC will show a gain of $370
