<span>The contractual standard for product safety and liability that says the buyer chose to make the purchases and knows the each purchase involves informed consent is often referred to as the standard of caveat emptor. This is simply a warning that lets the buyer know and understand the product is sold as is and is subject to all defects. Basically, another way of saying buyer be ware.</span>
Answer:
B
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Items not included in the calculation off GDP includes:
1. services rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
Only goods produced in a country would be included in the GDP. for this reason, the calculator would not be included in GDP
The answer is <u>"a. True".</u>
Preemptive multitasking refers to a task in which a PC operating system utilizes a few criteria to choose to what extent to allot to any one errand before giving another assignment a swing to utilize the working framework. The demonstration of taking control of the working framework starting with one errand and giving it then onto the next assignment is called preempting.
A typical basis for preempting is basically slipped by time (this sort of framework is now and again called time sharing or time cutting). In some operating systems, a few applications can be given higher need than different applications, giving the higher need programs control when they are started and maybe longer time slices.
Answer:
d. An asset should be debited for $1,000 in November
Explanation:
The movement (change) between the opening and ending balance of the supplies account is dependent on two factors;level of purchases and quantity used. The equation showing the relationship is
Opening balance + purchases - quantity used = ending balance
6000 + 2000 - quantity used = 1000 (all amounts in $)
Quantity used = $7000
Considering the options
a. During November, the company used $7,000 of supplies - True
b. Supplies should be reported at $1,000 on the balance sheet - True
.c. An expense should be debited for $7,000 in November. - True
d. An asset should be debited for $1,000 in November - False
Asset would have been debited with the purchase for $2,000
C business mileage during the year to claim the standard mileage rate for the business