The Microchip Is an Example of Something Developed In__________ Societies

question 54

Multiple Choice

The microchip is an example of something developed in__________ societies.

• A) hunting and gathering
• B) agricultural
• C) industrial
• D) postindustrial

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Definitions:

Final Entries

The journal entries recorded at the end of an accounting period to prepare accounts for the next period or for the preparation of financial statements.

Temporary Accounts

Accounts used to collect information during a specific accounting period and are closed at its end, such as revenues, expenses, and dividends accounts.

Journalizing

The process of recording a transaction in a journal.

Adjustments

Corrections made to financial records and accounts to accurately reflect income and expenses for a period.