Which of the Following Is NOT a Factor That Explains

question 203

Multiple Choice

Which of the following is NOT a factor that explains jobless recoveries?

• A) rising productivity
• B) the increased use of temporary and part-time workers
• C) lax labor laws
• D) an increase in outsourcing

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Definitions:

Payables Period

The average period of time it takes for a business to pay off its debts to suppliers.

Credit Sales

Sales transactions where the payment is deferred, allowing the buyer to pay at a later date.

COGS

The Cost of Goods Sold represents the direct expenses related to the production of goods that a company sells.

Accounts Payable

Amounts a company owes to suppliers for goods or services acquired on credit.