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raketka [301]
2 years ago
7

A Advantages of Product Added Mothed Accounting in National income

Business
1 answer:
Ganezh [65]2 years ago
6 0

It is determined by subtracting the value of the output from the value of the intermediate goods. As double counting, a severe mistake when estimating national income, is concerned, the value-added approach is a widely utilized method for computing national revenue.

A mistake known as double counting in accounting occurs when a transaction is counted more than once for any reason. But when an attempt is made to quantify the new value produced by Gross Output or the value of all investments, it also alludes to a conceptual issue in social accounting practice.

A mistake known as double counting in accounting occurs when a transaction is counted more than once for any reason. But when an attempt is made to quantify the new value produced by Gross Output or the value of all investments, it also alludes to a conceptual issue in social accounting practice.

Learn more about double counting here

brainly.com/question/1098565

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How are tornadoes formed?
alina1380 [7]
Tornados are formed when warm humid air collides with cold dry air then when the cold air becomes dense and the warmer air rises through the colder air it becomes a updraft then when it hits or touches the ground it become a tornado
5 0
3 years ago
Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct materials and uses 1.9 direct labor hours a
xenn [34]

Answer:

Chair unit cost:                 $    49.72

Total cost for 675 chairs: $  33,561

Explanation:

Direct Materials:                                                                   $  14.00

Direct Labor:   1.9 hours x $16 labor cost:                           $ 30.40

Overhead:

1.9 labor hours x ($ 1.6 variable rate + $ 1.20 fixed rate) = $<u>  5.32  </u>

                                          Total unit cost:                             $ 49.72

Cost to produce 675 chairs:

675 charis x $ 49.72 per chair = $ 33,561‬

6 0
4 years ago
Indicate whether the following statements are true or false.
dezoksy [38]

Answer:

1. False,

2. False,

3. False,

4. True

Explanation:

1. Managerial accounting reports focuses on entire net profit and not specifically the manufacturing and non manufacturing cost, and are not specifically used in the budget process.

2. No financial accounting reports all the finance related issues in details but is not divided into sub units.

3. No managerial reports are not audited, they are for internal controls and are to follow GAAP but not mandatory requirement for audit.

4. Managers are responsible for the management of business, for this the main three steps are: Planning Directing and controlling.

7 0
4 years ago
Scenario #1
bagirrra123 [75]

I will use a debit card because my parents add my allowance to my checking account. Other possible payment decisions I can make are to use a check.

3 0
3 years ago
a cluster of decisions about what goals to pursue, what actions to take, and how to use resources to achieve these goals is a(n)
AlekseyPX

A cluster of selections approximately what goals to pursue, what movements to take, and a way to use assets to obtain those dreams is a(n)organization's strategy.

A purpose is a goal or goal that someone is making an attempt to attain or acquire. the aim is also the cease factor of a race or something that a player is trying to position an item into as a part of recreation. the intention has different senses as a noun. An intention is a purpose or objective that you work toward with attempt and resolution.

Lifestyles goals are described because the desired states that human beings are seeking to acquire, maintain or avoid (Nair, 2003). while we set goals, we envision, plan for, and decide to accomplish those desired results. sincerely put, they're the stuff you would like to accomplish in your lifestyle. lifestyles goals are the huge things to work for and accomplish inclusive of getting married and having your own family, beginning your very own enterprise, becoming a huge-time govt, or traveling the globe.

Learn more about goals here:brainly.com/question/24693533

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6 0
2 years ago
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