Margo Orders a MacBook Pro Computer from the Apple Store

question 191

Multiple Choice

Margo orders a MacBook Pro computer from The Apple Store online to use it in her graphic design business.How will this be reflected in the figure above?

• A) As a flow of a factor of production
• B) As a flow of goods and services bought
• C) As expenditures on goods and services
• D) As goods and services supplied
• E) It won't be shown in the figure because this transaction takes place neither in goods markets nor in factor markets.

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Definitions:

Segment Data

This refers to the financial information that is reported separately for different divisions or segments of a company, providing insight into the performance of each segment.

Recent Years

A term referring to the latest or last few years, without a precise timeframe but generally considered to encompass the immediate past.

Cash Receipts Journal

An accounting ledger that tracks cash transactions coming into the business, documenting all cash sales and receivables.

Chart of Accounts

A structured list of all the financial accounts in the general ledger of a company, used for organizing transactions and financial data.