Intermediate Technology Is

question 59

Multiple Choice

Intermediate technology is

• A) technology between the capital- and labor-intensive processes.
• B) synonymous with necessary technology.
• C) older technology previously used by multinationals.
• D) lean production.

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Definitions:

Worksheet

A document or spreadsheet used for planning, calculating, and organizing information, often preparatory for financial statements.

Residual Value

Residual value is the estimated value of an asset at the end of its useful life, reflecting what it could be sold for or its salvage value.

Accrued Salaries

Amounts earned but not yet paid to employees for services rendered up to the end of a reporting period.

Supplies Ledger

A subsidiary ledger that tracks the purchase and usage of supplies, offering detailed information separate from the general ledger.