______________ Are Characterized by an Information Explosion and an Economy

question 13

Multiple Choice

______________ are characterized by an information explosion and an economy in which large numbers of people either provide or apply information,or are employed in service jobs (such as fast-food server or health care worker) .

• A)Industrial societies
• B)Agrarian societies
• C)Horticultural and pastoral societies
• D)Postindustrial societies

---

Definitions:

Unearned Revenues

Income received by a company for goods or services that have yet to be delivered or performed.

Source Documents

Original records that provide evidence and details of business transactions, such as receipts and invoices.

Debit

A financial record that elevates an asset or expense account, or lessens a liability or equity account.

Double-entry Accounting

An accounting method where every financial transaction results in equal and opposite effects in at least two different accounts.