Why is it important to measure the growth of the economy?
- To help government planners make good decisions
Government organizations use information about the size and growth rate of the economy to set economy policy, interest rates, and trade policies.
Why are bear markets linked to recessions?
-Shareholders have little confidence in the economy.
A bear market is a period of consistently falling stock prices, which can lead to people selling off their stock while they are ahead which causes prices and confidence to continue falling.
A business might apply conditional formula to calculate the payouts for the different employees of the organisation.
<u>Explanation:</u>
Conditional Formatting (CF) is a tool that allows you to apply formats to a cell or range of cells, and have that formatting change depending on the value of the cell or the value of a formula. This helps you to differentiate and make difference between the values to be put in the different cells depending on the criteria.
Conditional formatting is a feature in many spreadsheet applications that allows you to apply specific formatting to cells that meet certain criteria. It is most often used as color-based formatting to highlight, emphasize, or differentiate among data and information stored in a spreadsheet.
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Answer: True
Explanation: <u><em>The scenario given in the question is an example of global advertising campaign.</em></u>
Global advertising can be referred to as advertising on global scale unification or captivating marketable benefit of worldwide operational variances, similarities and chances in order to accomplish global aims. It is also known as a method where similar universal message is functional at a global scale<u><em>.</em></u>
Answer: ABC costing systems have separate indirect cost allocation rates for each activity
Explanation: this costing method is based on the costs that each activity consume in a company. It can be used in either manufacturing or services company. The way of distribution the indirect costs is quite accurate.