In Many Developing Countries,children Become Valuable as Factory Workers in Middle

question 156

Multiple Choice

In many developing countries,children become valuable as factory workers in middle childhood because of their ____.

• A) ability to perform gross motor tasks such threading a needle on a sewing machine
• B) cognitive ability to perform complex conceptual tasks such as designing products
• C) emotional stability, because some adult factory employees are hot-tempered
• D) ability to perform intricate fine motor tasks such as weaving rugs

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Definitions:

Unadjusted Trial Balance

A listing of all accounts in the general ledger with their balances before any adjustments are made for the end of the accounting period.

Drawing Account

A drawing account is used to track the money or goods withdrawn by the business owner for personal use from the business.

Net Loss

The amount by which total expenses exceed total revenues in a business, indicating a negative financial performance over a specific period.

Income Statement Columns

This refers to the structured segments in an income statement or profit and loss account, showing revenues, expenses, and profits or losses of an entity over a specific period.