Which of the Following Is Not a Part of U

question 71

Multiple Choice

Which of the following is not a part of U.S. GDP?

• A)The payments for an insurance policy on an old BMW sold by a U.S. company
• B)The value of a BMW imported from Germany
• C)The value of a BMW produced in the United States
• D)The commissions earned by a BMW dealership in the United States

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Definitions:

Forms

Documents designed for recording, transmitting, or processing information according to specified requirements.

Registration

The process of recording information, specifically in context to securities, where securities must be registered before being offered to the public.

PCAOB

Public Company Accounting Oversight Board, a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest.

Public Accounting Firms

Organizations licensed to provide accounting services to the public, including auditing, tax advice, and financial consulting.