The Type of Unemployment Most Likely to Be Experienced by a Touring

question 104

Multiple Choice

The type of unemployment most likely to be experienced by a touring professional golfer is:

• A)frictional unemployment.
• B)structural unemployment.
• C)seasonal unemployment.
• D)cyclical unemployment.
• E)discouraged-worker unemployment.

---

Definitions:

Normal Balance

A reiteration with different wording: The typical side (debit or credit) an account is expected to have, based on standard accounting rules.

Account Category

A classification used in accounting to organize financial transactions, such as assets, liabilities, equity, revenue, and expenses.

Net Sales

The total revenue from sales transactions after deducting returns, allowances, and discounts.

Discount Period

A specified period within which a buyer can pay less than the full amount due by taking advantage of a discount offered by the seller.