Technology

question 123

Multiple Choice

Technology:

• A)Has replaced accounting.
• B)Has not improved the clerical accuracy of accounting.
• C)Reduces the time,effort and cost of recordkeeping.
• D)In accounting has replaced the need for decision makers.
• E)In accounting is only available to large corporations.

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Definitions:

Brand Manufacturer

A company that produces goods under its own name, as opposed to manufacturing products for other companies or brands.

Retail Pricing

The process of determining the selling price of products in retail stores, taking into account factors like cost of goods, market demand, and competition.

Trademark Status

The legal standing of a trademark, indicating its registration and protection status under trademark law.

Brand Names

The names given to products or services by companies to distinguish them from competitors' offerings and build brand identity.