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There are some concerns that technological progress can lead to an increase in unemployment.Explain the two related but separate dimensions of technological progress.
Purchase Order
A formal document issued by a buyer to a seller, detailing the products or services ordered and the agreed-upon prices.
Inventory Account
An account in the general ledger that tracks the value of a company's products that are intended for sale.
Time Sheet
A document or tool used to track the number of hours worked by an employee during a specific period.
Opening Adjusting Entries
Opening adjusting entries refer to journal entries made at the beginning of an accounting period to adjust account balances from a previous period.
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