____ Is the Application of Organized Knowledge to Help Solve

question 82

Multiple Choice

____ is the application of organized knowledge to help solve problems in our society, whereas ____ is the quest for more or less abstract knowledge.

• A) Experiment; science
• B) Technology; science
• C) Science; abilities
• D) Skills; technology

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Definitions:

Consolidation Process

The method used in financial accounting to combine and report the financial statements of a parent company and its subsidiaries as one single entity.

Allocating Revenues

The process of assigning or distributing revenues to different accounts or periods based on criteria or rules.

Operating Segments

Parts of a company that engage in business activities yielding revenues and incurring expenses.