Final answer:
To record the transferred costs of partially completed goods, government statisticians exclude intermediate goods from GDP calculations.
Step-by-step explanation:
When it comes to recording transferred costs of partially completed goods, it is important to understand the concept of intermediate goods. Intermediate goods are the goods that go into producing other goods. In the calculation of Gross Domestic Product (GDP), government statisticians only count the value of final goods and services that are sold for consumption, investment, government, and trade purposes. They exclude the value of intermediate goods from GDP calculations.
For example, if a company is producing a Ford truck, the transferred costs of partially completed goods would only include the value of the Ford truck at the end of the production chain, not the components that went into making the truck.