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3 years ago

How is nominal gdp converted to real gdp?

Business

1 answer:

Artemon [7]3 years ago

5 0

By eliminating the effects of price increases on GDP growth

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What makes up the organization’s mission, policies, procedures, and also forms a hierarchy that dictates the purpose of the orga

Delicious77 [7]

<span>The mission is the purpose, the objectives and goals of the organization. The policies are based on the mission and provide a statement of purpose. Procedures are step by step directions on how a policy is to be carried out. </span>The organization’s mission, policies, procedures, and also forms a hierarchy that dictates the purpose of the organization are defined in the framework of the organization.

6 0

3 years ago

Alliance Company's budgets production of 39,000 units in January and 43,000 units in the February. Each finished unit requires 4

Ket [755]

Answer:

The correct answer is 160,800 pounds.

Explanation:

According to the scenario, the computation of the given data are as follows:

Budget production in Jan = 39,000 units

Raw material per unit = 4 pounds

So, total raw material needed = 39,000 × 4 pounds = 156,000 pounds

Beginning inventory = 46,800 pounds

Ending inventory = (43,000 × 4 pounds ) × 30% = 51,600 pounds

So, Budgeted material needed = Total raw material + Ending inventory - Beginning inventory

= 156,000 + 51,600 - 46,800

= 160,800 pounds

8 0

3 years ago

Which of the following is true concerning cost drivers for the predetermined overhead rate in a process-costing system?

Georgia [21]

Answer and Explanation:

c. If direct labor cost is the cost driver, direct labor and manufacturing overhead may be combined into the single element of conversion cost.

5 0

3 years ago

Decision Point: Considering Alternatives Because of your inexperience, you don't know how many alternatives should be considered

Ber [7]

Answer:

The answer is stated below:

Explanation:

Select a limited number of alternatives to consider: For example, considering the top 3 alternative suppliers.

Then generate or create a list of as many as possible of alternative suppliers.

Rely on the gut in order to make a decision regarding the right number of alternatives when you feel the time is right.

Deciding or choosing the limited number of alternatives , this concept is known as the bounded rationality. For most of the businesses, this is the most realistic approach for dealing with alternatives.

5 0

3 years ago

The _____ Act established strict accounting and reporting rules to make senior managers more accountable and to improve and main

MrMuchimi

Answer:

Sarbanes Oxley

Explanation:

The Sarbanes Oxley act was passed in 2002 by the US congress to ensure that senior managers are more accountable by establishing strict accounting and reporting rules.

The Sarbanes Oxley Act created and gave powers to the Public Company Accounting Oversight Board to overlook the activities of the accounting industry. The Act also bans company executives from accessing loans.

Cheers.

4 0

3 years ago