________ Resources Refer to the Machines Used During the Manufacturing

question 10

Multiple Choice

________ resources refer to the machines used during the manufacturing process.

• A)Hardware
• B)Capital
• C)Technology
• D)Raw material
• E)Monetary

---

Definitions:

Account Category

A classification or grouping used in accounting to organize financial transactions, such as assets, liabilities, revenue, and expenses.

Normal Balance

The side (debit or credit) of an account that is usually increased, reflecting its normal financial balance.

Financial Statement

A certified summary of all financial dealings and the fiscal posture of a business entity, a private individual, or any other party.

Contra-Asset Accounts

Accounts on a balance sheet that have a balance opposite to the normal balance of an associated account, used to lower the value of the associated assets (e.g., accumulated depreciation).