I’m not really sure sorry
I believe that the $500 cheque from your parents has already been counted when it was earned and therefore would neither increase or decrease GDP. GDP is defined basically as a bulk measure of production that is equal to the sum of all gross values of all units involved in production.
Answer:
Explanation:
The journal entry to record the resold share is shown below:
Cash A/c Dr $10,000 (1,000 shares × $10)
To Common Stock $3,000 (1,000 shares × $3)
To Additional Paid-in Capital in excess of par - Common Stock $7,000
(1,000 shares × $7)
(Being the resold shares is recorded and the remaining balance is credited to the additional paid-in capital account)
While reselling the stock, we debited the cash account and credited the common stock and additional paid-in capital account
All other information which is given is not relevant. Hence, ignored it
Answer:
.C. your competitors will steal it
Explanation:
People with new and creative ideas have the problem of their idea being stolen by their competitors once it gets to the market.
Entrepreneurs find it surprising to learn that stealing someone else's business idea is often legal. Unless the idea is being protected by a trademark, patent or copyright, other businesses might take the idea and run with it. However, in many instances, some exceptions to the rule, the extent and obviousness of the theft can affect whether or not it is legal
Answer:
B. The number of exceptions in the sample divided by the sample size.
Explanation:
Is a statistical test to know the number of exceptions in a sample. An exception is an observation that deviates from the tested characteristic. Auditors use this test to know if the sampling process was appropriate. Other tests used to know if the sampling process was appropriate are: acceptable risk of assessing control, estimated population exception rate and tolerable exception rate.