On the assumption that the ideal gas law is applicable, the humidity of a gas may be expressed in terms of its total pressure (p) and absolute temperature (T), the molecular weights of the components and the partial pressure (pv) of the vapor.
When compared to cash accounting, the accrual method provides a more accurate picture of the economic condition of a construction project. In the cash method, you book revenue when you receive it and expenses when you pay them. While simple, the cash method doesnât tie revenue to the expenses that helped generate the revenue, so it is difficult to figure the profitability of different operations. The accrual method solves this problem.
A cost-plus contract specifies that payments to the Architect will be determined on the basis. of his or her costs for the services. This arrangement generally presupposes that the scope. of the services and therefore the costs of those services cannot be reasonable estimated at. the time of contract negotiations.