Recent Changes in the Way People Work, Including the Composition

question 113

Multiple Choice

Recent changes in the way people work, including the composition of the workplace and the use of enhanced technologies, are jointly referred to as .

• A) privatization of the workplace
• B) government regulation
• C) economic restructuring
• D) de-mechanization

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Definitions:

Asset Account

An account on a balance sheet that represents a resource with economic value owned or controlled by an individual or business.

Liability Account

An account noted on the balance sheet that represents debts or obligations that a company owes to others and must settle over time.

Posting Reference Column

A ledger column used to indicate the account number or code that corresponds to each entry, facilitating cross-referencing between ledgers.

Journal

A book or digital record where transactions are initially recorded before they are posted to ledgers.