Which of the Following Is an Example of the "Brain

question 19

Multiple Choice

Which of the following is an example of the "brain drain?"

• A)A country's most highly educated workers emigrate to rich countries.
• B)A country has such a poor educational system that human capital falls over time.
• C)The population of a country grows so fast that the educational system can't keep up.
• D)A country steals patented technology from another country.

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Definitions:

Job Order Cost

A cost system that assigns costs directly to a specific job or batch of product, tracking direct labor, direct materials, and overhead.

Crude Oil Refining

The industrial process of transforming crude oil into usable products such as fuel, gasoline, and diesel.

Perpetual Inventory

A method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Subsidiary Ledgers

Detailed ledgers that contain information supporting entries recorded in a general ledger, such as accounts receivable or accounts payable details.