Examlex
Which of the following is NOT a factor of production?
Accounts Payable
amounts owed by a business to its suppliers or creditors for goods and services received but not yet paid for.
Exchange Rates
The rate at which one currency can be exchanged for another, influenced by market conditions, economic factors, and government policies.
Fluctuations
Variations or changes in value or level, often seen in financial markets, exchange rates, or pricing of commodities.
Income Recognition
The accounting principle that determines the specific conditions under which income becomes recognized as revenue on the financial statements.
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