A Computer Programmer Who Has Just Quit Her Job but Who

question 119

Multiple Choice

A computer programmer who has just quit her job but who will find a new one soon is an example of ________ unemployment.

• A) seasonal
• B) frictional
• C) cyclical
• D) structural
• E) none of these

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Definitions:

Journal

A book or electronic record where all transactions are recorded in chronological order.

Chronological Record

A documentation method in which events or transactions are recorded in the order that they occurred.

Assets

Resources owned by a company that have economic value and can be converted into cash.

Liabilities

Financial obligations or debts that an entity owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.