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DIA [1.3K]
3 years ago
8

Which of the following is included in the cost of constructing a building? a.cost of paving the parking lot b.insurance costs du

ring construction c.cost of repairing vandalism damage during construction d.cost of removing the demolished building existing on the land when it was purchased
Business
1 answer:
polet [3.4K]3 years ago
7 0

Answer:

b.insurance costs during construction

Explanation:

As we know that the building is come under the fixed assets whose life can be 10 years or more

So while constructing the building various cost is included i.e manufacturing cost which comprises of material, labor, and overhead

Plus, the insurance cost that is to be incurred during the construction period is also included

Hence, b option is correct

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Which of the following statements about GDP (gross domestic product) is TRUE?
nasty-shy [4]

Answer:

a)     GDP measures the market value of final goods and services produced within a country.

Explanation:

Gross Domestic Product{ GDP} is the total market value of all the finished goods produced within the boundaries of a country at a specific time.  GDP takes into account all products and services regardless of who produces them, be it locals or foreigners. In short, GDP is a measure of all domestic productions.

Economist uses GDP as a scorecard of a country's economic status. They use it to determine the growth rate of an economy and its size.

Investors and business people will use GDP in the decision-making process. They will want to invest in industries or countries that are growing. A steady rise in GDP signifies that the economy is doing well and growing. A decrease in GDP will indicate a recession.

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3 years ago
What is the approach that Scrum encourages when a Team determines it will be difficult to deliver any value by the end of a Spri
garik1379 [7]

Answer:

A.  Together with the Product Owner, focus on what can be done and identify a way to deliver something valuable at the end of each Sprint

Explanation:

The approach that is to be applied for delivering the value that becomes difficult is to come together by involving the owner of the product so that we get to know by focusing it and identify the way for delivering the valuable things so that in return the customer could satisfy with the product and the chances of building a long term relation would became high

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3 years ago
Josh has been asked to be a part of a new business venture that develops wind energy technologies. since the business involves h
IrinaVladis [17]
<span>John would want to be the member as a limited partner. This would allow him to be an owner of the company and provide leadership (and also receive earnings) without being liable for the firm's debts. A limited liability corporation (LLC) allows for the owners to not be responsible for the debts of the firm.</span>
5 0
3 years ago
Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or ba
tensa zangetsu [6.8K]

Answer:

These costs are called overhead cost.

Explanation:

Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or batches of production, including all manufacturing costs other than direct material and direct labor costs, are called overhead cost. These costs can not be associated with specific product so they are allocated to product cost based on estimation.

These cost include accounting fees, advertising, depreciation expense insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, telephone bills, travel expenditures, and utilities

These costs are futher divided in two categories that is variable overhead cost and fixed overhead cost.

3 0
3 years ago
What role do individuals play in a capitalist system?
VMariaS [17]

Answer:

Explanation:

INCAPITALIST SYSTEM ,INDIVIDUALS ARE KEY BECAUSE THE GOVERMENT DOES NOT CONTROL ECONOMY .ALL ECONOMIC DECISIONS AND ACTIONS ARE CONTROLLED.......

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