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.
Susie’s IQ falls into the average category. It is because
since she receive the IQ score of 90, a person with an IQ score of 90-109 is
considered to have a normal up to the average intelligence in which she
acquires.
Answer:
Indicating whether the expenditure should be capitalized or expensed in the period incurred:
a. Improvement = capitalized
b. Replacement of a minor broken part on a machine = expensed
c. Expenditure that increases the useful life of an existing asset = capitalized.
Explanation:
The expectation of costs producing an economic benefit beyond the current year or within the normal course of an operating cycle determines whether to capitalize or expense the costs. When an item of expenditure is capitalized, it means that the expense recognition is delayed. When the cost is expensed, it is treated as an expense in the income statement, whereas a capitalized cost is taken to the balance sheet, with only the depreciation expense portion recognized as expense for the period.
Answer:
c. a difference in the subject matters of operas X and Y
Explanation:
All factors could directly explain the fact that opera Y generated far greater net profits that did opera X except for this one. Although the subject matter might have some impact on sales, it could not do so in a direct way. It could only do so if we take other factors into account, such as the cost of producing a particular opera or the interest that people have on an opera (which results in greater or lesser ticket sales).
The answer is:<span> the social values statement </span>
