Answer:
Cutoff.
Explanation:
At the end of an accounting period, it is important to ensure proper inventory cutoff to determine the ownership of goods in transit.
In Financial accounting, the term cutoff refers to the process which ensures that business transactions and activities are recorded in the correct accounting period.
An inventory cutoff involves stopping or pausing shipments or receiving of supplies of goods, in order to enable proper accounting and count checks.
She could exercise. Since she is sitting at a desk all day, going on runs on lunch break or when she wakes up could really help promote a healthy lifestyle.
I hope this helped!
Answer:
b) the amount she paid to buy new parts
Explanation:
Gross domestic product (GDP) is the monetary value of goods and services produced in a country within a period of time usually a year.
The second hand car purchased by Sally has already been recognized in the GDP in the period it was first sold. To include the purchase cost again will amount to double counting. Therefore, the expenses that will be included in GDP is the value that has been added, that is, the amount she paid to buy new parts. We do not recognize the value of self service in GDP, therefore the 120 hours she spent refurbishing the car is not to be included.
