The Sale of Which of the Following Would Appear Without

question 10

Multiple Choice

The sale of which of the following would appear without any modification in GDP?

• A) Used automobiles
• B) Iron ore mined from the ground
• C) Maid services
• D) Aluminum rods used in construction
• E) Wood pulp

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Definitions:

Indirect Method

The indirect method is an accounting practice used in cash flow statements where net income is adjusted for non-cash transactions and changes in working capital to calculate cash flow from operating activities.

Cash Flows

The aggregate value of cash inflows and outflows within a corporation, significantly influencing its cash on hand.

Cash Flow Amounts

The total values of cash and cash-equivalents being transferred into and out of a business.

Timing

The selection of the best moment or speed at which to execute an action or operation.