Answer:
Depreciation
Explanation:
Businesses are permitted to use depreciation as an expense of business operations. This extra expense will lower a firm's taxable income.
Answer:
Planning gap.
Explanation:
Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.
This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.
The planning gap can be defined as the gap between "where we are now?" and "where we want to be?"
Basically, "where are we now?" describe the current situation of things or financial and non-financial activities that a business firm currently holds.
On the other hand, "where we want to be?" is a vision and mission statement that focuses on achieving the goals and objectives set for a business firm.
Answer:
Disposable income
Explanation:
Discretionary income is the total income available to a household (single person or household) after paying taxes. This is the money that the household has available for spending on utilities, for saving, and for investing.
Disposable income is the income available to a household after paying for essential things like food or utilities. Disposable income can therefore be used for buying goods that are not considered essential, like an expensive watch, or a second home. This is why for businesses selling this type of goods, disposable income is more important than discretionary income.
Answer:
Bureau of Economic Analysis (BEA)
Explanation:
Bureau of Economic Analysis (BEA) is a component of the Department of Commerce, that estimate the GDP and therefore the value . GDP is employed by the White House and Congress to organize the federal budget. it's also employed by the Federal Reserve System for monetary policy.