Indicate on Which Financial Statement You Would Expect to Find

question 91

Essay

Indicate on which financial statement you would expect to find each of the following.The first is done for you.

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Definitions:

Information Technology

The study or use of systems (especially computers and telecommunications) for storing, retrieving, and sending information.

Unemployment Insurance

A government program that provides financial assistance to unemployed workers who have lost their jobs through no fault of their own.

Frictional Unemployment

Frictional unemployment occurs when there is a temporary mismatch between workers and jobs, such as when individuals are transitioning between jobs or entering the workforce for the first time.

Structurally Unemployed

Unemployment that occurs due to shifts in the economy that create a mismatch between the skills of the workforce and the needs of the employers.