The Textbook Identifies as Marginal the Following Occupational Groups

question 24

Multiple Choice

The textbook identifies as marginal the following occupational groups

• A)farm laborers and industrial laborers.
• B)private household workers and protective service workers.
• C)private household workers and farm laborers.
• D)farm laborers and administrative support workers.
• E)personal service workers and protective service workers.

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Definitions:

Salary Expense Account

An account that tracks the total amount paid to employees for services rendered during a specific period.

Credit Entries

Accounting entries that increase liabilities or decrease assets, typically reflecting incoming payments or the granting of credit to a customer.

Transactions

Financial activities or events that affect the financial position of the company.

Owner's Equity Accounts

Accounts representing the owner’s claim or interest in the business assets after all liabilities have been deducted.