Answer:
GDP is the value of all the goods and services produced within the domestic territory of the country in an accounting year.
GDP= Consumption + Investment + Government purchase + Net Exports (Imports)
The scenarios which are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States are as follows:
- The value produced doings your own laundry.
- The costs of over fishing and other overly intensive uses of resources
- The leisure time enjoyed by households
When a U.S. company purchases and imports wood from Brazil to use to build new houses with in the United States, this purchase increases the investment component of GDP while also decreases net exports by the same amount. Therefore, the purchase of wood from Brazil causes no change in US GDP.
A bear would be an example of a consumer
Answer:
TRUE
Explanation:
According to the revenue recognition it will follow an accrual basis. It record the revenue as earned as the services were perform during the current accounting period.
It will recognize revenue for 400 as it was the amount the parties agree upon.
The common fee's of Smart Touch uhsually are irrelevant.
Answer:
An employee's commission acts invariably on total sales and it is true.
Explanation:
An employee's commission is invariably based on entire sales. Commission only positions are not for the faint of heart, nor are they always the top-paying sales jobs available. but it depends on how much a person have achieved their target and how much they are to be paid. when they hit the target they are suited for the commission out of the sales the have made.
Differential pay is one of the way were you get fixed rate per unit that is produced.
Answer:
(C)Cost performance index.
Explanation:
In project management, the Earned Value is <em>how much work has been done</em> on the project in relation to the original project budget.
The Actual Cost on the other hand is the <em>true cost incurred</em> on the project till date.
The earned value divided by the actual cost is used to measure the cost performance index of the project.
The correct option is C.
