19) Technological progress is defined as
A)
an improvement of the economic growth that leads to a change in the
standard of living
B)
the increase in output that the economy produces that is equivalent to
economic growth
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a total improvement in the efficiency of all factory machines and
equipment within the economy
an improvement in the efficiency with which an economy uses its resources
and factors of production to produce increased output.
D)

Aminor has the legal right to repudiate

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.