What Is the Term for the Measure of the Income

question 8

Multiple Choice

What is the term for the measure of the income earned by owners of factors of production used in making final goods and services?

• A)gross domestic income
• B)net domestic income at factor cost
• C)retained earnings
• D)personal income

Develop and analyze pro forma financial statements based on sales forecast assumptions.

Evaluate the feasibility and consistency of financial plans.

Understand the relationship between financial planning, growth, and company-specific financial policies.

Understand the concept of productivity and how it can be improved.