Answer:
The correct answer is option B.
Explanation:
Nominal GDP measures economic growth at current prices. It measures the value of output produced on the basis of current prices. It is thus not an inflation measure of economic growth as it includes the change in the price level.
Real GDP is an inflation-adjusted method to measure economic growth. It measures a change in economic output on the basis of constant. It is thus considered a more accurate measure of the economic growth of a nation as it is not influenced by changes in the price level.
Civilian federal employees are also referred to as
<u> "civil servants".</u>
The civil service is free of government and made basically out of vocation civil servants procured on expert legitimacy instead of selected or chose, whose institutional residency regularly survives advances of political initiative. A civil servant or public servant is a man utilized in people in general division for the benefit of an administration office or office. The degree of government workers of a state as a major aspect of the "civil service" differs from nation to nation.
Answer:
b.112.3 days
Explanation:
The computation of the number of days' sales in inventory for the year is shown below:
Day inventory outstanding = {(Beginning inventory + ending inventory) ÷ 2}÷ cost of goods sold × number of days in a year
= {($200,000 + $140,000) ÷ 2} ÷ ($552,500) × 365 days
= ($170,000) ÷ ($552,500) × 365 days
= 112.3 days
Guidance for implementing earned value management contract can be obtained from EARNED VALUE MANAGEMENT IMPLEMENTATION GUIDE.
Earned value management is a project management method for quantifying project performance. <span />
Answer: to historical performance or budget
Explanation:
A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.
This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.
If the profit center exceeds either of these then they are performing well.
