Which of the Following Is Not a Possible Cause of the Increase

question 3

Multiple Choice

Which of the following is not a possible cause of the increase in economic inequality over the past several decades?

• A) the decline of labor unions
• B) tax policies
• C) the collapse of the domestic high-tech industry
• D) globalization
• E) computerization

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Definitions:

Costing System

The method or system used by a company to evaluate and manage the costs associated with its business activities and to price its products or services.

Accounting Information System

A system, typically computer-based, for managing financial data and processes, enabling the collection, storage, management, and reporting of financial transactions.

Financial Accounting

The branch of accounting that deals with summarizing, analyzing, and reporting business transactions to external entities, including investors and regulators.

Management Accounting

A field of accounting focused on providing financial data and advice to company managers for decision-making purposes.