Which of the Following Can Be Best Described as a Disruptive

question 51

Multiple Choice

Which of the following can be best described as a disruptive technology?

• A) Vulcanized rubber tires
• B) Compact Discs
• C) Digital music players
• D) Liquid Crystal Displays
• E) Portable computers

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Definitions:

Income Statement

A report that outlines a company's financial results for a certain period, including income and expenditures, to reveal a net gain or deficit.

Balance Sheet

A report detailing a corporation's assets, liabilities, and the equity of its shareholders at a particular moment.

General Ledger

A comprehensive set of accounts that records all financial transactions of a business, serving as the primary source for preparing financial statements.

Income Statement Accounts

These include revenue, expense, gain, and loss accounts that summarize the financial performance of a company over a period of time.