A Machine Purchased by a Business for Use in Producing

question 22

Multiple Choice

A machine purchased by a business for use in producing income can be recorded in an asset account called:

• A) drawings.
• B) debtors.
• C) plant and equipment.
• D) buildings.

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Definitions:

White Respondents

Survey participants who identify themselves as belonging to the White racial group.

African American

A term referring to Americans with ancestry from the black racial groups of Africa; it is used primarily within the United States.

Variability

The extent to which data points in a set differ from each other and from their average.

Respondents

Individuals who answer or respond to a survey or poll.