Which of the Following Is Not a Consideration When Discussing

question 4

Multiple Choice

Which of the following is not a consideration when discussing robot versus human labor?

• A) Robots require a support staff.
• B) Humans are better than robots at certain tasks.
• C) If a business is not profitable,it will shut down.
• D) Robots are more entertaining to watch than people.

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Definitions:

Adjusting Entry

An accounting record made to update the balances of accounts to reflect the true financial position before preparing financial statements.

Unexpired Insurance

The portion of the insurance premium that has not yet expired or been used up, considered a prepaid expense.

Office Supplies

Consumable items that are used in the daily operations of an office like pens, paper, and staplers.

Adjusting Entry

A journal entry made in accounting to update the record of revenues earned or expenses incurred that have not been previously recorded.