Personal consumption expenditures $5,207 interest 425 corporate profits 735 government spending 1,406 depreciation 830 rental income 146 gross private domestic investment 1,116 compensation of employees 4,426 exports 870 imports 965 indirect business taxes 553 proprietors' income 520 personal taxes 886 social security taxes 432 transfer payments 376 using the expenditures approach, based on the information above, gross domestic product (gdp) is:

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Which of the following is not a factor to consider when deciding whether to accept a special order? whether this order will hurt the brand name of the company whether other potential orders would be more profitable whether additional fixed costs would need to be incurred whether the offered price is sufficient to cover prime costs and fixed overhead allocated all of the above

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?