Answer:
True
Explanation:
Consumer price index measures the changes in price level of a basket of goods.
If consumer price index falls if means price level has fallen , goods become cheaper and the same amount of money can buy more quantities of goods and services.
Conversely if consumer price index rises, price level has increased, goods and services become more expensive and more amount of money would be needed to maintain the same level of consumption.
CPI is calculated as cost of basket of goods in a given year / cost of basket of goods in a base year
I hope my answer helps you
Answer:
The correct answer is letter "D": The use of a higher estimated life and a higher residual value will lower the annual amount of depreciation expense recognized on the income statement.
Explanation:
Depreciation distributes the cost and cost over the useful life of the assets of tangible and real assets. A business could depreciate an asset over a period of up to thirty years, depending on the type of asset it is. There are many depreciation methods but, among the most common we can find the <em>Straight-line method, the Double Declining Balance method</em>, and <em>the Units of Production method</em>. As long as the estimated life of the asset and its residual value is high, the amount filed for the depreciation will be lower.
Answer:
4. Available investments
Explanation:
To enable me estimate my available investments, I need my bank statements, credit statements and record of cash expenses
Answer:
C
Explanation:
Everything in life is an expense for me
Answer:
The correct option is its aim is to review internal processes independently of the external industry environment
Explanation:
The first option is wrong because it only made mention of the internal strengths and weaknesses,there is no mention of external opportunities and threats
The second option is obviously wrong as SWOT has no direct link with classifying assets as tangible or intangible.
It is not conducted by regulatory agencies as it is not a regulatory requirement
Lastly ,internal processes refer to strengths and weakness while opportunities and threats emanate from the external industry environment
