Which of the Following Is a Result of a Significant

question 125

Multiple Choice

Which of the following is a result of a significant increase in the number of women in the workforce?

• A) increase in the consumption of convenience foods
• B) decrease in the number of vacation trips planned and booked by women
• C) increase in the number of single income households among couples
• D) decrease in the demand for consumer goods
• E) decrease in the demand for financial services

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Definitions:

Fraud

The intentional deception made for personal gain or to damage another individual or entity.

Journalizing

The process of recording financial transactions in the accounting journal.

Journal

A basic accounting record where all the financial transactions of a business are initially recorded in chronological order before being posted to accounts in the ledger.

Liability Accounts

Accounts on a balance sheet representing what a company owes to others, including loans, mortgages, and accounts payable.