A(n) ______________________________ and ______________________________ Report Is a Computer-Generated Report That

question 82

Short Answer

A(n) ______________________________ and ______________________________ report is a computer-generated report that reflects the events-either in detail, summary total, or both-that were accepted by the system and rejected by the system.

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Definitions:

Factor of Production

Resources used in the creation of goods and services, traditionally categorized into land, labor, and capital.

Input

A good or service used to produce another good or service.

Factor Distribution

The way in which income and wealth are shared among different factors of production, such as labor and capital.

Income

The amount of money or its equivalent received during a period of time in exchange for labor or services, from the sale of goods or property, or as a profit from financial investments.