The Fact That Almost All of the Small Electronics Used

question 15

Multiple Choice

The fact that almost all of the small electronics used in the United States are made in Asia is an illustration of

• A) the Industrial Revolution.
• B) globalization.
• C) the rise of cybernetics.
• D) collective resistance.

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Definitions:

AASB 108/IAS 8

An international financial reporting standard that focuses on accounting policies, changes in accounting estimates, and errors.

Accounting Policy

Individual tenets, underpinnings, traditions, legislations, and tactics utilized by an establishment in crafting and showcasing its financial accounts.

Relevant Information

Data or facts that are applicable to a situation or problem, and can influence decision-making processes.

Depreciable Asset

A long-term asset for which the decline in value over time due to use and wear can be allocated over its useful life in a systematic manner.