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umka21 [38]
3 years ago
8

If both the production of goods and services increase and prices rise, then the change in nominal GDP

Business
1 answer:
IceJOKER [234]3 years ago
5 0
The answer is B. accurately reflect the change in production.
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Market structure is determined by the Group of answer choices None of the Answers are Correct. Annual revenue, costs, and profit
nignag [31]

Market structure is determined by the number and relative size of the firms in an industry.

  • Market structure describes how different industries are categorized and distinguished based on how fiercely and in what ways they compete with one another for customers' goods and services. There are four different kinds of market structures: monopolistic competition, oligopolistic markets, perfect competition, and monopolistic markets.
  • In economics, market structure illustrates how businesses are categorized and distinguished according to the sorts of items they sell and how external circumstances and elements impact their operations. It is simpler to comprehend the peculiarities of various marketplaces when there is a clear market structure.
  • The four types of economic market structures are oligopoly, monopoly, perfect competition, and monopolistic competition. The following characteristics explain why the categories are different: In oligopoly, there are few producers, many in perfect and monopolistic competition, and one in monopoly.

Thus the correct answer is Option D.

To learn more about market structure, refer: brainly.com/question/27874368

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6 0
2 years ago
Which of the following would NOT be classified as a current asset on a classified balance sheet? 答案选项组 Intangible assets Short-t
Zinaida [17]

Answer:

Intangible assets

Explanation:

A classified balance sheet is a financial statement that classifies the components in the balance sheet into different groups. For example, assets are classified into current or non current asset

Current assets are all the assets that are either used by a company or sold in the course of the year of the company.

Current assets include

  • cash, cash equivalents
  • accounts receivable
  • stock inventory
  • marketable securities
  • pre-paid liabilities

Intangible assets are classified as  noncurrent (long-term) assets

5 0
3 years ago
a study in the construction industy found that when equipment was stolen from worksites, in 82% of the cases workers were the th
Natasha2012 [34]

Employers in the construction sector would benefit most from the validation of personnel selection information to aid in reducing employee theft.

<h3>What is validation?</h3>
  • The data support the hypothesis that reducing theft would result from the hiring of qualified workers without criminal records.
  • Effectiveness is measured by validity.
  • Therefore, if tests properly and accurately measure what they are intended to assess AND if tests are demonstrated to yield consistent findings over time, validation and dependability in hiring tools are present.
  • Accepting someone else's views, feelings, and emotions are known as validation.
  • The act of rejecting, criticizing, or ignoring someone else's opinions, sentiments, emotions, or behaviors is known as invalidation.

Therefore, validation of employee selection information would employers in the construction industry receive the greatest benefit in helping reduce employee theft.

Know more about validation here:

brainly.com/question/13262566

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4 0
1 year ago
On June ​1, 2018​, Perfect Performance Cell Phones sold $ 17,000 of merchandise to Ashton Trucking Company on account. Ashton fe
inn [45]

Answer:

See answers and explanation below.

Explanation:

1. Journalize the transactions for High Performance Cell Phones using the direct write-off method. Ignore Cost of Goods Sold.

<u>Date          Details                                 Dr ($)               Cr ($)               </u>

1 Jun. 18    Account receivable           17,000

                 Sales revenue                                            17,000

<u><em>                  To record sales to Ashton Trucking Company on account.</em></u>

15 Jul. 18   Cash                                     6,000

                  Account receivable                                    6,000

<em> </em><u><em>                  To record cash received from Ashton Trucking Company.  </em></u>

5 Sep. 18   Bad debt                              11,000

                 Account receivable                                      11,000

<em> </em><u><em>                 To record accounts receivable from Ashton written off.      </em></u>

5 Mar. 19   Account receivable              11,000

                 Bad debt                                                       11,000

<em> </em><u><em>                 To record transfer of bad bad back toaccounts receivable.    </em></u>

5 Mar. 19   Cash                                     11,000

                  Account receivable                                    11,000

<em> </em><u><em>                  To record cash received from Ashton Trucking Company.  </em></u>

2. What are some limitations that High Performance will encounter when using the direct write-off method?

a. It is not in line with the matching principle. This is because bad debt expenses will not be reported in the same period they are incurred and might not be realized as bad expenses until the following period.

b. It can cause inaccurate balance sheet as it does give the actual amount of accounts receivable of a company.

c. It method of recording violates GAAP and financial statements does to present the actual financial performance of the business.

d. It overstates accounts receivable as the full amount of amount owed to the company from credit sales will be reported as accounts receivable.

6 0
3 years ago
It is not possible for abandonment options to decrease a project's risk as measured by the project's coefficient of variation.
Tatiana [17]

This is false abandonment options should decrease a project's risk.

4 0
3 years ago
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