Answer: b. many economic activities expand and contract together in a recurring—but not periodic—fashion
Explanation:
The Business Cycle refers indeed to fluctuations in the business cycle related closely with the rise and fall in production output of goods and services in an economy.
It come with stages being Expansion, Peak, Recession, Depression, Trough, and Recovery. What is most interesting is that the movers behind the business cycle are not a singular entity but rather a series of Economic activities that are interconnected and move together. This is why some activities herald stages in the Business Cycle while some follow it. But they all have a role to play.
It is also very important to note that this is NOT a periodic occurence because it doesn't happen per period and neither can it be predicted but it happens. It is Recurrent but not periodic in other words.
Answer:
to explain any difference between the depositor’s balance per books with the balance per bank
Explanation:
The goal of this process is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:
1. The process flow starts with the bank’s ending cash balance
2. Add any deposits made by the company to the bank that are in transit
3. Deduct any cheques that are uncleared by he bank
4. Add or deduct any other items available as necessary
5. In the company bank records, once again start with the ending balance
6. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.
7. Add interests earned
At the end of this process, it is likely that both accounts would be equal and tally.
Traditional manufacturing emphasizes all of the following except push manufacturing
In traditional manufacturing, there are four basic subtractive manufacturing processes: CNC Machining, Injection Moulding, Plastic Forming, and Plastic Joining. In contrast, 3D printing is an additive manufacturing process that builds up material layer by layer until the desired thing is formed.
A push system in manufacturing describes a business's production of items in response to anticipated demand. Making products that have a minimal likelihood of unanticipated demand changes, such as food, pharmaceuticals, household chemicals, electronics, etc., using this method is also known as "make-to-stock production."
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ANSWER : TRUE
EXPLANATION :
GDP denotes the total (gross)value of goods & services produced by an economy, during a period of time (financial year) .
This total value of goods can be calculated by both Income & Spending approach , based on assumption that 'one person expenditure is other person income'. Because both reflect the total value of goods produced .
This is evident from two methods to calculate GDP :
1. Expenditure Method
NDP (net value) = Compensation of Employees + Opereating Surplus + Mixed Income ;
Where - 1st COE is income of labour , 2nd OS (Rent + Interest + Profit) income of other factors - land , 3rd MI income from self employed .
2. GDP = Private Final Consumption Expenditure + Govt. Final Consumption Expenditure + Gross Domestic Capital Formation + Net Exports ;
Where - 1st PFCE is expenditure by private households , 2nd GFCE expenditure by govt , 3rd GDCF investment expenditure by firms , 4th expenditure by Abroad .
<span>A country's ability to meet its financial obligations is the main determinant of its "economic risk". Whether a country will be able to repay debts which it takes on, such as in the form of bond issues, is a key driver of the willingness of investors to make capital contributions to a country, and the return that they expect in exchange for assuming that risk.</span>
