When There Is an Increase in the Wages the Banking

question 175

Multiple Choice

When there is an increase in the wages the banking industry offers accountants, what happens to the supply of accountants available to other industries?

• A) The supply to other industries increases.
• B) The supply to other industries falls.
• C) The supply curve for other industries shifts to the right.
• D) no change

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Definitions:

Management Accountants

Professionals who specialize in financial planning, analysis, and reporting for decision-making within organizations.

Internal Consultants

Employees within an organization who provide expertise and advice on specific matters, functioning like consultants but working from within.

Corporate Cops

Informal term for regulators or enforcement agencies overseeing corporate compliance with laws and regulations.

Production Capacity

The maximum amount of goods or services that a facility can produce over a given period under normal circumstances.