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Does the stock market affect the economy, or does
the stock market affect the economy?Talk about
forecasting of the direction, as well as the reason of the direction
There are a few tools we have to predict the consumption part of GDP. A few of them are consumer sentiment and
consumer confidence. Talk about advantages and disadvantages of those tools, as
well as their function.
Describe four types of expenses, which can mislead
profitability in the accrual basis of accounting.
Discuss the concept of revenue recognition in the
accrual basis of accounting. How does it mislead profitability? Give an
example.
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