Which of the Following Was Not a Result of the Adoption

question 31

Multiple Choice

Which of the following was not a result of the adoption of mechanical calculators?

• A) Less demand for "superstars" who could rapidly compute sums by hand
• B) Higher productivity of bookkeepers
• C) Higher salaries of bookkeepers
• D) Proliferation of companies making calculators
• E) Feminization of bookkeeping

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Definitions:

Comprehensive Income

The net alteration in owners' equity over a reporting period, excluding owner transactions, encompassing all unrealized profits and losses.

GAAP

Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting used in any given jurisdiction, often serving as the foundation for financial reporting.

Financial Flexibility

The ability of an organization to maneuver its financial resources to respond to unforeseen opportunities or challenges.

Return on Investment

Return on Investment (ROI) measures the gain or loss generated from an investment relative to its cost, indicating the efficiency of the investment.