Figure 2-4 -In Figure 2-4,which of the Following Would NOT Be a NOT

question 100

Multiple Choice

Figure 2-4
-In Figure 2-4,which of the following would NOT be a means by which society might move to point h?

• A)an improvement in technology.
• B)an increase in quantity of capital.
• C)an increase in quantity of labour.
• D)more efficient use of current resources.

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Definitions:

Temporary

Pertaining to an employee, position, or status that is intended for a limited time period, often with an end date in mind.

Permanent

Describes assets or records that are intended to be held or used on a long-term basis and not expected to be sold or otherwise converted into cash within a year.

General Journal

A journal used to record all types of accounting transactions with detailed explanations.