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Elenna [48]
3 years ago
6

Which of the following is not included in GDP?the payments for a chiropractor's servicescash income paid to a day laborer that i

s not reported to the tax authoritiesthe replacement of brake pads on your six-year-old vehiclethe fees for legal services rendered by your lawyer
Business
1 answer:
Scilla [17]3 years ago
8 0

Answer:

cash income paid to a day laborer that is not reported to the tax authorities

Explanation:

GDP stands for Gross domestic product. It is the  monetary value of all finished goods and services made within a country during a specific period.

It is calculated as GDP = private consumption + gross investment + government investment + government spending + (exports – imports).

Hence, cash income paid to a day laborer that is not reported to the tax authorities will not be included in GDP

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Answer:Quid pro quo case

Explanation:

Qui pro quo is a Latin word which simply means "something for something", that is an exchange of wants of great values.

Anita asked for sexual favour from her employee, Bert, in exchange for him to retain his position as the manager but his refusal caused him to lose his position as the manager to a common secretary.

Quid pro quo indicates that an something has been traded in return for something of value. Quid pro quo exist in a business organization when the business owner propose to promote an employee if he/she could fulfill their desires. In the case of Anita and Bert, the desire could be seen as 'sexual desires' in other words, sexual harassment by Anita to her employee.

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The value delivery system is the answer.

Explanation:

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According to gaap which method should be used to record the acquisition of a fixed asset
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According to gaap, the method that can be utilized in recording the acquisition of a fixed asset is Cost method.

  • In GAAP , the one method that is notable and accurate in recording a fixed asset is the cost method.

  • The cost method can be regarded as method utilized in recording the acquisition cost of the fixed asset as well as the costs of bringing the fixed asset to the condition that is needed for it to be used as well as the required location.

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