Which of the Following Options Is a Factor for the Dominance

question 26

Multiple Choice

Which of the following options is a factor for the dominance of English as a global business language?

• A) English-speaking countries contribute the largest share of global output.
• B) Recent globalization has called for the use of only English as a common language.
• C) Nonnative speakers of English are increasingly commanding a premium in jobs and compensation.
• D) English is the largest language in terms of the number of native speakers.

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Definitions:

Revenue and Expense Account Balances

The amounts recorded in accounts tracking the income earned and expenses incurred by a business over a period of time.

Owner's Capital Account

An equity account on the balance sheet representing the owner's investment and retained earnings in the business.

Trial Balance

A bookkeeping report that lists the balances of all ledgers in two columns, debit and credit, ensuring that the total debits equal total credits, which is crucial for the accuracy of financial statements.

Supplies

Items used in the operation of a business but not directly associated with the production of goods or services, such as office materials or cleaning supplies.