Which of the Following Will Be a Consequence of Developing

question 26

Multiple Choice

Which of the following will be a consequence of developing internet technology?

• A)Americans will lose the ability to research for information.
• B)Americans will become more individually oriented.
• C)Printed publications will go out of business.
• D)Media will become completely unbiased.
• E)All of these choices

---

Definitions:

Financial Statements

Financial Statements are written records that convey the business activities and the financial performance of a company, including the balance sheet, income statement, and cash flow statement.

Trial Balance

A financial worksheet that consolidates all ledger balances into equal debit and credit columns for each account.

Journal Entries

Recorded business transactions in the accounting records of a company, listed in the general journal.

Adjusting Journal Entries

Entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.