Answer: Option A
Explanation: In simple words, baseline can be define as the level of some activity that can be considered as the average or normal performance level and be set as a criteria for future purposes. It is seen as an expected performance that will occur every time activity will be performed.
A baseline is a fixed reference point which is not changed occasionally. A base line works as a core factor in planning process as all the objectives will be set according to the baseline determined.
Hence the correct option is A.
It to help people not to get to much money in from there cheeking account
Answer: $125,000
Explanation: In simple words, owner's equity refers to the funds that are contributed by the owners of the capital for effectively conduction the operations of the business.
Any profit that the organisation made during a year is treated as a return to the capital and is added to the initial capital while drawing from the capital results in decrease in the available fund for operations.
Hence the year end balance of the capital in given case is, $1000,000 + $50,000 - $25,000 = $ 125,000
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.
Answer:
It will be reported as accrued expenses (c)
Explanation:
Accrued expenses represents amount owed for either serviced that has been enjoyed or goods that have been delivered but yet to be paid for.
Income statement is prepared on accrual basis, hence, these expenses will be recognized in the current period and matched with revenues generated.
