Among the Following,the Best Definition of Technology Is

question 32

Multiple Choice

Among the following,the best definition of technology is:

• A)Human knowledge about products and services and the ways they are made and delivered
• B)Technical equipment such as computers and electronics
• C)Knowledge about computers,electronics,and information systems
• D)Knowledge about computers,electronics,and information systems as well as the equipment and systems themselves
• E)All equipment that is used to create products and services

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Definitions:

Retail Inventory Method

An accounting method used by retailers to estimate inventory cost by calculating a cost-to-retail ratio.

FOB Destination

FOB Destination is a shipping term indicating the seller bears the shipping costs and maintains ownership until the goods reach the buyer's location.

Periodic Inventory System

An inventory accounting system where the inventory balance is updated at specific intervals, rather than continuously.

Retained Earnings

The portion of net income that is not distributed to shareholders but is kept by the company to be reinvested in its core business or to pay debt.