With Reference to High-Technology Industries, Which of the Following Is

question 33

Multiple Choice

With reference to high-technology industries, which of the following is an example of a technical standard?

• A) The prices of complementary products
• B) The medium of advertising used for technology products
• C) The color of gadgets produced
• D) The layout of keys on a keyboard
• E) The number of manufacturing units per industry

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Definitions:

Ledger Accounts

Records within a ledger that show the transaction history and current balance of each account.

Owner's Drawings Account

An account that tracks the amount of money a business owner withdraws from the company for personal use.

Revenue Accounts

Accounts that record the income generated by a company from its normal business operations or activities.

Liability Accounts

Accounts on the balance sheet that represent obligations or debts a company owes to others.