Which of the Following Is a Reason for the Drastic

question 7

Multiple Choice

Which of the following is a reason for the drastic changes in small business management trends?

• A) Accounting departments become independent of computer support
• B) Diverse shift toward less people-related activities
• C) Improvements in communications and computer technology
• D) Excess supply of managerial talent

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Definitions:

Machinery

Consists of the machines and equipment designed to perform specific tasks in industrial, commercial, or agricultural applications.

Accounts Receivable

Amounts owed to a company by customers for goods or services delivered on credit.

Ledger

A comprehensive collection of all accounts used by an organization, summarizing all transactions occurring within an accounting period.

Account Balances

The amount of money in a financial repository at any given moment, reflecting the net of debits and credits over time.