Answer: $15,000
Explanation:
Comparable B is a 4 bedroom house with no swimming pool right.
Okay.
And we also know that a room adds $20,000 to the value of a house as well.
So if Comparable B was a 3 bedroom house instead of a 4 then what would it be?
= $280,000 - $20,000
= $260,000
The means that a house with no swimming pool such as Comparable B but with 3 bedrooms will be valued at $260,000.
But instead Comparable A has a 3 bedrooms yet is valued at $275,000 with the only apparent difference being a swimming pool. The pool therefore accounts for the difference which is,
= 275,000 - 260,000
= $15,000
This means that $15,000 is the value of the pool.
Explanation:
because of the popularity
Answer:
b. Control activities include separation of duties, physical controls, proper authorization, employee management, reconciliations, and performance reviews.
Explanation:
- The control activity is those that have a policy, procedures, and techniques, and mechanisms and can helps ensure that management is responsible to reduce the risks and can be identified at the of the risk assessments.
- They are those activities that are taken to minimize outcomes of the risks through the preventive checks and defective controls and performance reviews.
Answer:
A) a product's performance characteristics and attributes for which customers are willing to pay.
Explanation:
Only customers can assign value to a product. A manufacturer can set a product's price, but if the customers do not accept that price and assign a lower value to the product, then they will not purchase it. This applies to every single market situation (except for command economies) including monopolies, free markets, monopolistic competition, etc. Customers value a product depending on its performance characteristics and attributes, e.g. sports cars are value for being fast, Volvos for being safe, compared to other similar products. Customers do not value unique one of a kind characteristics, they value relative characteristics, i.e. the best product has a higher value.
Answer:
GDP stands for "Gross Domestic Product" and represents the total monetary value of all final goods and services produced (and sold on the market) within a country during a period of time (typically 1 year). GDP is the most commonly used measure of economic activity.
Explanation:
