The total dollar value of all goods and services produced by all people within the boundaries of a country is called
A. productivity.
B. gross domestic product.
C. gross national product.
D. inflation factor.
E. standard of living.
Answer: B
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Which of the following is not an advantage of commercial software? Commercial software
a. can be installed faster than a custom system b. can be easily modified to the user's exact specifications c. is significantly less expensive than a system developed in-house d. is less likely to have errors than an equivalent system developed in-house
The inventory method which results in the most recent costs being assigned to inventory on hand at the end of the period is:
a. First-in, first-out. b. Last-in, first-out. c. Last-in, last-out. d. Moving average.
Readiness depends on whether employees are willing to ______ what’s being taught in a training program.
A. learn B. teach C. apply D. remediate
Informal institutions are composed of sets of
A. voluntary agreements. B. mandatory agreements, a bit like the mind's software. C. orthodox accords whose goal is to establish rigor. D. agreements that are for the most part taken for granted.