<span>Suppose you were hired to calculate the Gross Domestic Product (GDP) by using the expenditure approach. You would count buying a new house as investment.
</span>Investment<span> is one of the items to consider to determine GDP by expenditure approach which includes residential construction, since residential buildings can be rented out, even if they are occupied by owners.</span>
The primary purpose of analytical procedures conducted during the planning stage is identifying unusual conditions that deserve additional audit effort.
<h3>What is analytical procedures?</h3>
Analytical procedures are audit methods of evaluating financial statement accounts by studying and comparing relationships among financial and nonfinancial data.
To identify unusual conditions that deserve additional audit support is the primary purpose of analytical procedures conducted during the planning stage.
Therefore, B is the correct option.
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<span>The WPH approach is crucial in helping future business leaders implement sustainability and ethical practices into their new businesses. In doing so, the goal is to ensure that business owners undertake ethical and legal practices in their business operations.</span>
Answer:
topical
Explanation:
Topical organizational Method;
This pattern is the most commonly used format, and will typically work when the other patterns do not. A topical pattern arranges information according to different sub-topics within a larger topic, or the "types" of things that fall within a larger category. Using this pattern, each "type" represents a main section of information.
Take the below as an example or format for topical organixational approach;
I. Red Wines
A. European
-
B. Californian
-
-
II. White Wines
A. European
B. Californian
The bakery market in a large city is an example of Monopolistic competition.
Monopolistic competition exists when many companies offer competing products or services that are similar, but not perfect, substitutes. In this case, the bakeries in large cities that produce similar, but not identical products. The market structure is a form of imperfect competition.
Some of the characteristic of a monopolistic competition structure are;
The presence of many companies.
Each company produces similar but differentiated products.
Companies are not price takers.
Free entry and exit in the industry.
Companies compete based on product quality, price, and how the product is marketed.
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