Which of the Following Is NOT a Factor in Regard

question 48

Multiple Choice

Which of the following is NOT a factor in regard to why deindustrialization occurred?

• A) Technology is aging in many American industries
• B) Automated technologies have become inefficient
• C) Businesses have become reliant on antiquated technologies
• D) Expansion of globalization

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Definitions:

Intra-entity Transfers

Transactions involving assets, services, or funds between divisions, departments, or affiliates within the same entity.

Intra-entity Gross Profit

Gross profit that arises from transactions within the same entity, often eliminated in consolidated financial statements.

Consolidation Process

The procedure of combining the financial statements of separate but related entities to present as one entity for financial reporting.

Consolidated Cost Of Goods Sold

The aggregated cost of goods that have been used up in the production of goods or services sold by a company and its subsidiaries.