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2 years ago

Which of the following statements highlights the difference between the CPI (consumer price index) and the GDP deflator?

Business

1 answer:

Lerok [7]2 years ago

6 0

Answer:

(c)-The CPI measures the average prices of goods and services consumed by typical consumers, whereas the GDP deflator measures the average prices of all goods and services in the economy.

Explanation:

The CPI measures the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

Ad the GDP deflator is a measure of the level of prices of all new, domestically produced, final goods and services in an economy in a year.

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What can occur as a result of not having an innovation and planning iteration?

butalik [34]

There will be no time to plan, demo, and improve together if there is no invention and planned iteration.

The Innovation and Planning (IP) Iteration happens at the end of each Program Increment (PI) and fulfils several functions. It serves as a buffer for fulfilling PI Objectives and allocates time for innovation, continuous education, PI Planning, and Inspect and Adapt (I&A) activities. Every iteration is important, and the teams are largely focused on producing short-term benefit. The Solution gets closer to market with each iteration. The focus on solution delivery is high and unwavering.

Iteration Planning is a meeting when all team members decide how much of the Team Backlog they will deliver during the upcoming Iteration. The effort is summarized by team as a set of committed Iteration Goals.

As a result, if there is no innovation and planned iteration, there will be no time to plan, showcase, and improve together.

To know more about innovation and planning iteration click here:

brainly.com/question/26701667

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1 year ago

For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $316,7

erastovalidia [21]

Answer:

Explanation:

The preparation of ta static budget report for the second quarter is shown below:

CROIX COMPANY

Sales Budget Report

For the Quarter Ended June 30, 2017

Second Quarter Year to date

Product Line Budget Actual Difference Budget Actual Difference

New Guitar $383,500 $387,400 $3,900 $700,200 $690,500 $9,700

Favorable Unfavorable

The year to date balances are computed below:

For Budget:

= $383,500 + $316,700

= $700,200

For Actual:

= $387,400 + $690,500

= 690,500

6 0

3 years ago

The most expensive benefit is usually

Veronika [31]

Answer:

Explanation:

the health care because it is very expensive benefit

6 0

3 years ago

Read 2 more answers

What is strategic procurement

Elodia [21]

Hi There :D

Basically it's advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings

6 0

3 years ago

Pierce Corporation exchanged old equipment for new equipment. The original cost of the old equipment was $120,000, and its accum

ololo11 [35]

Answer:

new equipment 50,000 debit

accumulated depreciation 40,000 debit

loss at disposal: 30,000 debit

old equipment 120,000 credit

--to record trade of equipment--

Explanation:

Let's break the transactions into small parts:

We need to remove the old equipment from accounting along with their accumulated depreciation so:

accumulated depreciation 40,000 debit

old equipment 120,000 credit

Then, we debit the new equipment at fair value:

new equipment 50,000 debit

Last, assuming the trade has commercial substance: we recognize the gain or loss on sale:

book value of traded equipment: 80,000

fair value of new equipment: 50,000

loss at disposal: 30,000

<u>Thus, the journal entry will be as follows:</u>

new equipment 50,000 debit

accumulated depreciation 40,000 debit

loss at disposal: 30,000 debit

old equipment 120,000 credit

4 0

3 years ago