To What Can We Attribute the Marked Increase in the Number

question 19

Multiple Choice

To what can we attribute the marked increase in the number of female wage earners between 1870 and 1900?

• A) Women wanted to achieve financial independence from men.
• B) "Women's work" began to offer high pay and professional advancement.
• C) Men had difficulty adapting to the new industrial economy.
• D) Working-class men needed help from their wives to support their families.

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Definitions:

Outstanding Accounts Receivable

Amounts owed to a business by its customers for goods or services delivered but not yet paid for.

Income Statement Approach

A method used to determine income tax liabilities by examining the revenues, expenses, gains, and losses reported on a company's income statement.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Bad Debts

Accounts receivable that a company does not expect to collect and therefore writes off as a loss.