It Pays to Use a Machine in Place of Human

question 19

Multiple Choice

It pays to use a machine in place of human labor:

• A) only when physical strength is involved.
• B) depending upon the income of the human worker.
• C) whenever the machine can perform the job in question.
• D) only in companies with more than 50 employees.

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Definitions:

Payment Discount

A reduction in the invoice amount offered by a seller to the buyer in return for early payment within a specified time frame.

Cash Balance

The amount of cash on hand or in bank accounts, immediately available to a business or individual.

Cash Disbursements

Money paid out by a business in the course of its operations, such as paying for expenses, purchasing assets, or repaying loans.

Cash Receipts

The collection of cash, typically from sales, services, or other forms of income.