Which Statement Is True

question 28

Multiple Choice

Which statement is true?

• A)The rate of job loss is unrelated to education.
• B)The rate of job loss is highest for the least educated.
• C)The rate of job loss is highest for the most educated.
• D)The rate of job growth always exceeds the rate of job loss.
• E)The rate of job growth always equals the rate of job loss.

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Definitions:

Sales Journal

A specialized accounting journal used to record all sales transactions of a company on credit.

Accounts Receivable Subsidiary Ledger

A ledger detailing individually the amounts owed by each customer, supplementing the general ledger's summary account.

Posting Frequency

The regularity with which financial transactions are recorded and posted in the accounting system.

Accounts Payable

Liabilities of a business that are due to vendors or suppliers for goods or services received that have not yet been paid for.