1. What are the steps to planning a project? Forecasting is critical. Assume you are starting a project to develop widgets. How would you start teh planning and forecasting process?
2. In January 2914 Sue purchased and placed into service a $20,000piece of equipment for exclusive use in her business. Since then she claimed a $6000 section 179 deduction and $6654 macros depreciation, she sold the equipment in nov 2016 for $7000. What is the amount and type of gain or loss and where on form 4797 does Sue report the sale?
3. Enumerate human characteristics during panic based on Risk Assessment and Decision Analysis.