A Technology______begins with the "Birth" of a New Technology and Ends

question 4

Multiple Choice

A technology______begins with the "birth" of a new technology and ends when that technology reaches its limits and "dies" as it is replaced by a newer, substantially better technology.

• A) process
• B) pattern
• C) cycle
• D) hierarchy
• E) continuum

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Definitions:

Cash Short

A situation where the actual cash differs from the expected amount during a financial transaction or at the close of a business day.

Journal Entry

A record in accounting that represents a transaction and its effects on accounts in a double-entry bookkeeping system.

NSF Check

A check that has been returned by the bank because the account on which it was drawn did not have sufficient funds.

Deposits In Transit

Funds that have been sent to a bank but not yet recorded in the bank's records, resulting in a discrepancy between the company's cash records and bank statement.