Clustering Occurs Where ______

question 10

Multiple Choice

Clustering occurs where ______.

• A)there is a concentration of critical resources in a particular region
• B)population is sparse
• C)there are not many consumers
• D)government requires production facilities to be located

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Definitions:

Recorded The Adjustment

The process of making entries to correct accounts or to account for transactions that have been missed in the financial records.

Subsidiary Ledger

A detailed ledger that supports and breaks down the information summarized in a general ledger.

Paid For Equipment

Refers to the cash outflow for the purchase of equipment, considered a capital expenditure in accounting.

Purchased On Account

Transactions where goods or services are bought on credit, with payment to be made at a later date.