The CD drive shines a laser at the surface of the CD and can detect the reflective areas and the bumps by the amount of laser light they reflect. The drive converts the reflections into 1s and 0s to read digital data from the disc. See How CDs Work for more information.
The GDP deflator for this year is calculated by dividing the used by the using and multiplying by 100. However, the CPI reflects only the prices of all goods and services; therefore the correct option is True.
The GDP deflator for this year is determined by multiplying by 100, then dividing the value of all goods and services produced in the economy this year at prices from this year by the value of all goods and services produced in the economy this year at prices from the base year. The CPI, however, only includes the costs of all consumer purchases of goods and services.
The CPI, a different economic term used to describe the consumer price index, and the GDP deflator are closely related. The GDP deflator can determine if there was inflation or deflation in the national economy for a specific year by using the CPI.
Therefore the correct option is True.
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Answer:
Financial accounting is the aspect of accounting that is concerned with the summary, analysis and reporting of financial transactions related to a business.
While managerial accounting is the aspect of accounting that is concerned with the identification, measurement, analysis, and interpretation of accounting information to help managers plan for the future, make decisions for the company, and determine if their plans and decisions were accurate and efficient.
1. Helps Creditors make lending decisions is related Financial Accounting.
2. Helps in planning and controlling operations is related to Managerial Accounting.
3. Is not required to follow GAAP is related to Managerial Accounting.
4. Has a focus on the future is related to Managerial Accounting.
5. Summary reports prepared quarterly or annually is related to Financial Accounting.
Answer: will increase but this will not affect living standards
Explanation:
GDP is sometimes called an incomplete measure because there are certain measures that it does not include such as the black market.
If firms in the black market shift to the formal sector, they will now be included in GDP which means that GDP will increase.
The living standards of people in the country will probably not change however because the firms involved were simply shifting sectors and are not said to be more or less prosperous as a result. Assuming they remained the same, nothing changes for living standards.
Answer:
Flexibility
Explanation:
Given that there are three types of process-related competitive priorities in which firms utilize to remain competitive in the market. These processes include:
1. flexibility
2. Innovation
3. sustainability
Flexibility in this situation is mostly referred to as adaptation to market changes. Given that this is a technological market, and it is often bound to quick changes and dynamism, especially in terms of customer taste and preferences, huge competitors, and shorter span of the technological product,
Hence, for this electronic company making smartphones, one of the most crucial process-related competitive operational priorities for the firm is Flexibility. This is due to various competitors coming with new models in short stints.