Along with the development of society, more and more problems are brought to our attention, one of the most serious issue is the gray population. Nevertheless, the significance of elderly people in society cannot be overstated. As...
What are goods that are provided centrally by the government called? There are three fundamental questions every society must answer. Which of the following is/are one of these questions? a. What goods and services are to be produced? b. How are the goods and services to be produced? c....
Used goods d. Intermediate goodsWhat is the method to add all expenditures made for final goods and services to measure the GDP called?In what ways is GDP a misleading measure of economic performance? Consider what components are not included on GDP....
Goods/services item is the core of a trademark application. It decides the protection of the trademark application. When you are filing a trademark application, it is compulsory to choose at least one class and goods/services item for the application. In a Chinese trademark application, it is ...
A charitable donation is a gift of money or goods to a tax-exempt organization that can reduce your taxable income. To claim a deduction for charitable donations on your taxes, you must have donated to an IRS-recognized charity and received nothing in return for your gift. Are charitable ...
Private goods can only be used by one person at a time—a piece of jewelry, for example. In some cases, they are destroyed in the act of using them, such as when a slice of pizza is eaten. Private goods generally cost money. Most of the goods and services that weconsumeor use in...
ERP also ensures that these data fields and attributes roll up to the correct account in the company’s general ledger so that all costs are properly tracked and represented. If the front brake pads were called “front brakes” in one software system (or maybe a set of spreadsheets), “bra...
Accounts payable are typically recorded upon receipt of an invoice based on the payment terms both parties agreed to when initiating the transaction. When a finance team receives a valid bill for goods and services, it is recorded as a journal entry and posted to the general ledger as an expe...
In general, there are two primary types, or causes, of short-term inflation: Demand-pull inflationoccurs when the demand for goods and services in the economy exceeds the economy’s ability to produce them. For example, when demand for new cars recovered more quickly than anticipated from its...
A mobile payment is the process of paying for goods/services through a mobile device, such as a smartphone or tablet. Learn more about mobile payments today.