An Example of a Dramatic __________ Change Is the Increasing

question 232

Multiple Choice

An example of a dramatic __________ change is the increasing use of e-readers like Amazon's Kindle and tablet devices like Apple's iPad to read digital books.

• A)managerial
• B)technological
• C)ethical
• D)regulatory
• E)economic

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Definitions:

Material

The raw inputs or supplies used in the manufacturing of goods or products.

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.

Creditor

An individual or institution that lends money or extends credit to another party.

Accounting Assumption

Fundamental beliefs or principles that guide the preparation of financial statements, such as going concern, accrual basis, and consistency.