Answer:
a
b
d
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
6. quality of goods and services
7. externalities
The car parts produced in the US would be added to GDP as parts of exports
Answer:
The correct answer is letter "B": An indirect approach, to convince the manager of the validity of your research technique, logic, and reasoning.
Explanation:
There are two forms of presenting formal reports. The direct report shows the central idea of the report at first and the supporting ideas at the end. This is more frequently used for business purposes. The indirect report portraits the supporting ideas or evidence at first and comes up with the central idea at the end.
<em>As a new employee presenting a report about customer service issues, it is better to select the indirect approach because by giving the supporting evidence at first, your manager will have the objective ideas clearly stated and is likely to understand why the new employee got to his or her conclusions. Some managers consider reporting the central ideas at first could be a signal of arrogance.</em>
Answer:
Cash inflows for the year is $14,369.00
Explanation:
Cash inflows in year comprise of the cash revenue and the portion on revenue on account(accounts receivable), received in the course of the year.
Cash revenue=$7,682
Cash collections in respect of accounts receivable= $6,687
Cash inflows during the year=$7,682+$6,687=$14,369.00
The balance yet to be collected and expected to be collected in year 2 is the difference between the cash collections and total accounts receivable
balance of accounts receivable =$12,117-$6,687=$5,430.00
Answer:
1.Immediate Family:
Dependent Child
Spouse
Spouse equivalent
Dependent Parent
2.Close Relatives:
Father
Mother
Sister
Brother
Grand Father
Independent Child
3. Other relatives and Friends:
Cousin
Golf Partner
College Friend
Roommate
Nephew
Niece
Explanation:
Code of Professional conduct is a list of standards which are required to be followed by the CPA professionals. It provides guidance to the professionals about the decision making in certain situations. There are two broad categories which is rules and standard. Rules are mandatory to be followed regardless of the situation and there can not be any deviation allowed from the listed rule. Standard provide guidance for decision making in business scenarios.
Answer:
The correct answer is B
Explanation:
Holding inventory is the term which is defined as the costs which is linked with storing or keeping the inventory that remains unsold with the seller. These costs are one of the vital component of the aggregate inventory costs, along with the shortage costs and the ordering costs.
The reason for holding the inventory could be require protection from uncertainties, enable the firm in accomplishing the economies of scale, act as buffer among the channel of distribution and critical interfaces and enable the specialization in production.
