An Unexpected Decrease in the Demand for Accountants Will Lead

question 61

Multiple Choice

An unexpected decrease in the demand for accountants will lead to

• A) an increase in the earnings of accountants.
• B) an increase in the incentive of students to prepare for a career in accounting.
• C) a reduction in the future supply of accountants.
• D) an increase in the employment opportunities of accountants.

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Definitions:

Small-Business Failure

A situation where a small-sized business is unable to continue operation due to financial, managerial, or market-related problems.

Lack of Funds

A situation where there is an insufficient amount of financial resources available to meet the demands or objectives of a project or entity.