Stuck on this one is financial literacy please help

GDP tends to _____. rev: 04_09_2018 Multiple Choice overstate economic welfare, because it does not include certain nonmarket ac

yaroslaw [1]

Answer:

understate economic welfare, because it does not take into account increases in leisure

Explanation:

While GDP is often used as an index to assess the standard of living of a state or country, there are a number of limitations to this indicator. GDP does not take into account entertainment, health and education costs, off-market operations, nature of the environment etc.

Therefore the second option is correct

5 0

3 years ago

Austin is training his company’s supervisors in how to use the performance management system. He has explained the importance of

laila [671]

Answer:

Provide support and discuss performance regularly.

Explanation:

In this case, we can say that Austin would tell supervisors that they should provide support and discuss performance on a regular basis, as a company with well-designed performance management is premised on performance analysis and management.

This could be implemented in the company with supervisors focused on coordinating and controlling their subordinates in order to analyze and provide support and provide subsidies that assist in continuous improvement, motivation and increased work performance.

4 0

3 years ago

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The

Pani-rosa [81]

Answer:

Unit Cost = $196

Explanation:

As per the data given in the question,

Total variable overhead estimated = 4×31,400 = $125,600

Total overhead estimated = $125,600+$219,800 = $345,400

Predetermined overhead rate = $345,400÷31,400 = $11 per hour

Total overhead applied = $11×20 = $220

Hence, Total job cost = Direct material + Direct Labor + Total overhead

= $580 + $1,160 + $220

= $1,960

So, Unit cost = $1,960 ÷ 10 = $196

6 0

3 years ago

Read 2 more answers

Many firms have achieved success by integrating activities throughout the extended value chain by using _______ to link their ow

svp [43]

Many firms have achieved success by integrating activities throughout the extended value chain by using information technology to link their own value chain with the value chains of their customers and suppliers.

<h3>What is information technology?</h3>

Information Technology is the study systems which retains and sends information to recipients or users. Also, Information technology tends to focus on both the system hardware and the software.

An Information Technology refers to the collection of technology components that serves the needs of its users and the owner of the resulting system.

Learn more about information technology here: brainly.com/question/14462836

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6 0

2 years ago

John Den Bear Company had a $450,000 beginning balance in Accounts Receivable and a $18,000 credit balance in the Allowance for

vlada-n [284]

Answer:

The net amount of receivables included in the current assets at the end of the year is $462,000

Explanation:

Beginning Balance of Accounts Receivable = $450,000

Add: Credit sales for the period = $1,800,000

Less: Cash collected = $1,770,000

Less: Amounts Written Off = $12,000

Ending Balance of Accounts Receivable = $468,000

Beginning Balance of Allowance Account = $18,000

Less: Amounts Written off = $12,000

Ending Balance = $6,000

Net amount receivable included in current assets

Accounts receivable = $468,000

Less: Allowance account = $6,000

Net Receivables = $462,000

8 0

3 years ago