Public sectors include public goods and governmental services such as the military, law enforcement, infrastructure (public roads, bridges, tunnels, water supply, sewers, electrical grids, telecommunications, etc.), public transit, public education, along with health care and those working for the government itself
Answer:
Percent complete of work in process at August 31 was 60%
Explanation:
In this case opening WIP = 4,000 units which were 50 % complete
During the month we created additional 20,500 units of Work In Process
Additional 8,000 units of raw material were added.
Total units = 4,000 + 20,500 +8,000 = 32,500
Equivalent units completed = 19,500
Percentage of complete work in process at month end = ( 19,500/32,500 ) 100 = 60%
Answer:
"A"
Explanation:
Gross domestics product is the market value the goods and services produced in a season irrespective of who produce it whether a foreign or indigenous producer.
Gross national product is the measure of the value of goods and services produced in a season by nationals of a particular country irrespective of the location they were produced.
One major difference between the two is that gross domestic product include income payments to foreigners for their work domestically but gross national product does not.