Technological tools such as the Internet and email have:
A. decreased the importance of entrepreneurship in the national economy.
B. made it easy for small businessowners to manage their firms on the go.
C. made it harder for small businesses to compete against large businesses.
D. increased the number of legal regulations that small businesses should comply to.
Answer: B
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A) 5:8 B) 1:2 C) 1:1 D) 5:4
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Describe a transaction and its importance to the accounting department.
What will be an ideal response?