Low Wages May Be Traceable to All of the Following

question 91

Multiple Choice

Low wages may be traceable to all of the following except one.Which is the exception?

• A)low productivity
• B)too much saving
• C)unstable business climate
• D)poor education and training
• E)lack of adequate physical capital supplied to labor

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Definitions:

Notes Receivable

Claims held by a creditor that are supported by promissory notes, representing a right to receive payments from debtors.

Correcting Entry

An entry made in the accounting records to amend a previously made mistake or incorrect transaction.

Total Assets

The sum of all assets owned by a company, including cash, investments, equipment, and real estate, reflected on the balance sheet.

Adjustments Columns

Columns in an accounting worksheet used for recording adjustments to journal entries at the end of an accounting period before preparing financial statements.