Answer:
b) Measure how much output is potentially available to the average person.
Explanation:
GDP is the total value of goods & services produced by an economy, during a period of time.
By Expenditure method :
GDP = Private Final Consumption Expenditure + Government Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports
Per Capita GDP is the average GDP per person in population.
Per Capita GDP = GDP / Number of population.
Answer:
<em><u>The answer is</u></em>: <u>Net income.</u>
<u />
Explanation:
Net income is a measure of the profitability of a company, or person. It is the income of an amount less the cost of goods sold, expenses, depreciation and amortization, interest and taxes for an accounting period.
<u>For households and individuals</u>, net income refers to gross income, less taxes and other deductions, for example, mandatory pension contributions. It is usually the basis for calculating how much income tax is owed.
<em><u>The answer is</u></em>: <u>Net income.</u>
Answer: A. Allen is in violation of the Standard relating to record retention.
Explanation:
The option that's most likely true is that Allen is in violation of the Standard relating to record retention.
It should be noted that records retention has to do with the safeguarding of important records in the organization.
Since he reconstructed a few research reports on companies that he covered during his former employment after starting his own research, he violated the standard relating to record retention
