The adjustment for overapplied overhead decreases cost of goods sold and increases net income.
Net income refers to the amount of money a company earns after all expenses and taxes have been subtracted from its total revenue. It is also known as "net profit" or "bottom line." This figure is used to measure a company's financial performance and is important for investors and analysts to consider when evaluating a company's overall health.
Overapplied overhead happens when costs caused are not as much as what an organization represents in its financial plan. This implies that an organization comes in under financial plan and accomplishes a lower measure of above costs during the bookkeeping time frame.
Know more about Overapplied overhead - https://brainly.com/question/26466781
#SPJ4
Meg Whitman, former CEO of HP, stated that early in her career she gained credibility and displayed competence through her focus on Multiple choice question. creating a successful track record. giving great presentations. giving many large gifts. keeping conversations short.
A) Meg Whitman, the former CEO of HP, stated that her focus on building a successful track record helped her establish credibility early on and demonstrate competence.
What aids you in selecting each correct response on the fair test in communications?A method for assessing your communications is the FAIR test. It enables you to evaluate how effectively you have presented the facts; how effectively you have granted access to your reasons, logic, and data; how thoroughly you have investigated effects on stakeholders; and how respectfully you have behaved.
What are some of the reasons a business might ask employees to sign confidentiality agreements?You might ask your employees to sign an employee confidentiality agreement to prevent them from disclosing confidential information that could put your company's reputation at risk. Employee confidentiality agreements are used by businesses to safeguard innovative concepts, efficient procedures, distinctive goods, and customer data.
To learn more about confidentiality agreement here:
https://brainly.com/question/27962135
#SPJ4
What are 4 principles of an effective team?
4 principles of an effective team are Clear Roles and Responsibilities, Open Communication, Mutual Respect and Collaborative Goals.
1. Clear Roles and Responsibilities: Establishing clear roles and responsibilities for each team member is essential for a team to be effective. Everyone should know their job and have the necessary tools and resources to do it well.
2. Open Communication: Effective teams have an open and honest communication system. This includes both verbal and non-verbal communication, and allows team members to provide feedback, ask questions, and express concerns.
3. Mutual Respect: Respect is the foundation of any successful team. Team members should respect each other’s opinions, backgrounds, and experiences.
4. Collaborative Goals: Team members should be working towards the same goal. This encourages collaboration and allows the team to work together towards a common purpose.
To know more about principles here
https://brainly.com/question/29998621
#SPJ4
FedEx developed a 12-item statistical Service Quality Indicator to measure customer satisfaction and service quality. The index is comprised of customer-defined performance standards such as number of missed pick-ups, number of lost packages, and number of late deliveries. Each of the performance standards is weighted based on the relative importance of each standard to customers. By developing a Service Quality Indicator that incorporates customer-defined performance standards, FedEx is closing provider _____ of the gaps model of service quality.
By developing a Service Quality Indicator that incorporates customer-defined performance standards, FedEx is closing provider Gap 2 of the gaps model of service quality.
The gaps model can be referred to or considered as the one wherein the organization uses the same to develop a specific framework related to the maintenance of the consumer satisfaction at all levels in the functionality of the organization. It also ensures the maintenance of the service quality related to the different organizational processes.
Learn more about the gaps model here:
https://brainly.com/question/14816894
#SPJ4
You have $50,000 in savings for retirement in an investment earning a stated annual rate of 7% compounded monthly. You aspire to have $1,000,000 in savings when you retire. Assuming you add no more to your savings, how many years will it take to reach your goal
Answer:
To find out how many years it will take to reach your goal of $1,000,000 with your current savings and the stated annual rate of 7% compounded monthly, you can use the formula for compound interest:A = P(1 + r/n)^(nt)Where:A is the future value of the investment (the amount you will have saved at retirement)P is the present value of the investment (the amount you currently have saved)r is the annual interest rate (expressed as a decimal)n is the number of times the interest is compounded per yeart is the number of yearsIf we plug in the values from the problem, we get:1,000,000 = 50,000(1 + 0.07/12)^(12*t)To solve for t, we can take the natural logarithm of both sides:ln(1,000,000) = ln(50,000(1 + 0.07/12)^(12*t))then, divide both sides by ln(1 + 0.07/12) and multiply by 12t = (ln(1,000,000) - ln(50,000)) / (12*ln(1 + 0.07/12))t = approximately 30 yearsSo, it will take around 30 years to reach your goal of $1,000,000 assuming you add no more money and earn the stated annual rate of 7% compounded monthly.
Explanation:
hope this helps
what is an example of a modern-day type of business or industry that has experienced rapid growth?
One example of a modern-day business or industry that has experienced rapid growth is the technology industry, specifically the sector of Cloud computing.
Cloud computing is a technology that enables businesses and individuals to store and access data and applications over the Internet rather than on physical devices. Cloud computing services include software as a service, platform as a service (PaaS), and infrastructure as a service. Cloud computing has experienced significant growth in recent years due to increased demand for remote work, digital transformation, and the need for scalable and cost-effective solutions.
Companies that provide cloud computing services such as Amazon Web Services (AWS), and Microsoft Azure, are among the largest and most valuable companies in the world. Moreover, the cloud computing market is expected to continue to grow as more and more businesses and organizations adopt cloud-based solutions.
Learn more about Cloud computing here: https://brainly.com/question/19057393
#SPJ4
What can you say to encourage a customer to buy?
An encouraging phrase to get a customer to buy could be: "This is a great product and I think it will really benefit you. It's a great investment that will pay off in the long run."
The phrase acknowledges the value of the product and emphasizes the potential benefits that the customer could get from buying it. Additionally, it emphasizes that the purchase is a good investment, implying that the customer will get more than their money's worth. By emphasizing the value of the product and the potential benefits they could receive, customers may be more likely to make the purchase.
To know more about selling here
https://brainly.com/question/30023368
#SPJ4
During the year, Spirit Fun had net credit sales of $800,000. Past experience shows that 1.5 percent of the firm's net credit sales will be uncollectible. Determine the adjusting entry needed to recognize the estimated expense for these uncollectible accounts.
debit $12,000 for Uncollectible Accounts Expense and credit $12,000 for Allowance for Doubtful Accounts.
Every one of the following transactions would be found in which financial statement—the net income, income statement, or statement of shareholders' equity?
The income statement will include items related to revenue and expenses. The balance sheet is populated with accounts for assets, liabilities, and stockholders' equity.
What does the Mcq accrual basis mean?One of the two accounting techniques is the accrual basis of accounting, the other becoming the monetary basis of accounting. The procedure of documenting transactions is a little bit more difficult when using the accrual foundation of accounting. Its foundation is the idea that transactions are documented digitally and when they occur.
To know more about Accounts visit:
https://brainly.com/question/22917325
#SPJ4
Which of the following describes a business-to-business, or organizational, market?
A. Purchases involving competitive bidding, price negotiations, and complex financial arrangements
B. Demand based on consumer needs and preferences that is generally price-elastic, steady over time, and independent of demand for other products
C. Purchases for individual or household consumption
D. Many individual or household customers
E. Purchases frequently made on impulse
Purchases involving competitive bidding, price negotiations, and complex financial arrangements describe a business-to-business, or organizational, market.
What is business-to-business?Business-to-business (B2B), sometimes known as B-to-B, is a type of transaction that takes place between businesses. Examples include a transaction between a manufacturer and a wholesaler or a wholesaler and a retailer. In contrast to doing business with a single consumer, business-to-business refers to transactions between businesses. The terms "business-to-business" and "business-to-government" refer to different types of transactions. In a normal supply chain, business-to-business interactions are frequent as companies buy products and components, like other raw materials, to be used in manufacturing operations. After that, finished goods can be sold in business to consumer transactions to private individuals.
Business-to-business refers to communication strategies that enable staff members from various organisations to get in touch with one another, such as social media.
To learn more about business-to-business from the given link
https://brainly.com/question/15506646
#SPJ4
When considering a peanut butter and jelly sandwich, economics would refer to jelly as which of the following
In economics, jelly would be considered an economic good. Economic goods are items that are rare and have a price associated with them. This means that jelly would be an item that people are willing to pay to get access to because it is a desirable item.
Jelly can also be considered a commodity, which is an item produced for consumer needs and traded on the market. The demand for jelly is influenced by its price, availability and quality. For example, if the price of jelly were to increase, it is likely that the demand for it would decrease and vice versa. Peanut butter and jelly sandwiches are an example of how economics can be applied to everyday things.
To know more about economics click here
https://brainly.com/question/28208676
#SPJ4
A client smoking in his bathroom has dropped a cigarette butt into a wastepaper basket, which begins to smolder. Which of the following actions is the nurse's priority
A customer who was using the restroom while smoking put a cigarette into a wastepaper basket, which started to burn. The nurse's top concern is to get any nearby clients to safety.
For patients who may be colonized or infected with specific infectious agents, additional precautions must be taken in addition to standard precautions in order to prevent infection transmission. These precautions are known as "Transmission-Based Precautions," which are the second tier of fundamental infection control.
In acute care hospitals, make sure the right patients are placed in a single room or area, if one is available. Make room placement decisions in long-term and other residential settings while weighing the dangers to other patients. Patients needing contact precautions should be placed as soon as possible in an exam room or cubicle in ambulatory settings.
know more about infectious agents here
https://brainly.com/question/3884726#
#SPJ4
What are the cons of a mixed market for most citizens?
Cons of a Mixed Economy :: 1. Less Predictability: It can be difficult to predict the direction of a mixed economy, since both the public and private sector are involved in making decisions.
2. Inequality: The private sector may produce more wealth, leading to increased inequality and social unrest.
3. Limited Government Control: Government intervention in a mixed economy is limited, which may lead to an inefficient allocation of resources.
4. Market Failure: The private sector may not always act in the best interest of the public, leading to market failure and economic instability.
To know more about mixed market here
https://brainly.com/question/21629333
#SPJ4
When a shipper considers the trustworthiness of possible carriers, this would be what kind of criterion?
a. Performance criterion
b. Relational criterion
c. Stability and growth criterion
d. Irrelevant criterion
e. None of the above
This kind of criterion would be used by a shipper while evaluating the reliability of potential carriers.
Those that provide or send products for shipment, package, label, and arrange for transit, or organize the transfer of commodities are referred to as shippers. Supporters of romantic relationships between two actual or imaginary individuals are known as shipping (fans), typically online. shipper a supporter of romantic or sexual relationships between actual people or fictitious characters. The supplier or owner of the goods being sent is known as the shipper, who may be be an individual or business. also known as a consignor. A carrier is a person or business who transports persons or commodities on behalf of another person or business and is liable for any possible loss of the goods while in transit.
Learn more about shipper from
brainly.com/question/24317138
#SPJ4
What are 4 examples of variable expenses?
Raw material, piece-rate labor, production supplies, and commissions, are 4 examples of variable expenses.
A variable expense is a commercial expenditure that changes in proportion to how extensively a company produces or sells. malleable costs increase or drop turning on a company's product or deal volume — they uprise as the product raises and stumble as the product diminishments.
Prototypes of variable expenses include a manufacturing company's costs of raw accouterments and packaging — or a retail company's credit card sale freights or shipping charges, which rise or fall with deals. A variable cost can be varied from a fixed cost. A variable cost is an expenditure that changes in harmony with product affairs or deals.
To learn more about expenses,
https://brainly.com/question/3640051
#SPJ4
Which of the following describes a price mechanism through which the government may correct a failing market ? A. decreasing the price of negative products via subsidies B. increasing the price of negative products via subsidies C. increasing the price of negative products via taxation
D. decreasing the price of negative products via taxation
one of which describes a price mechanism through which the government may correct a failing market is D. Decreasing via taxation. Decreasing the price of negative products via taxation is a price mechanism through which the government may correct a failing market.
This involves applying taxes to certain goods or services that are considered harmful to society or the environment. By increasing the cost of these products, the government hopes to reduce their demand, thus correcting the market failure. This type of price mechanism works by either increasing the cost of production or decreasing the consumer's demand by reducing their purchasing power.
This type of market intervention is used to address issues such as pollution, resource depletion, and over-consumption. It can also be used to promote the production of goods and services that benefit society.
To know more about price mechanism refer to the link brainly.com/question/15099242
#SPJ4
What is an example of a progressive tax?
Progressive taxes include those on investment income, interest income, rental income, estate taxes, and tax credits, to name a few. The progressive taxation model is demonstrated by the American income tax system.
The two main sources of income for real estate investors are rental income and earned income, which is often referred to as passive income (sometimes known as active income). Taxes must be paid by landlords on their net rental income, which is determined by subtracting any allowable costs from their total earnings. If your income is less than the £12,570 basic rate level, rental income is tax-free. If rental income exceeds £12,570 but is below the higher rate threshold of £50,270, it is subject to a 20% tax rate. If your rental income exceeds £50,270 but falls below £150,000—the extra rate threshold—you will be subject to a 40% tax rate. The rental fee is regarded as management compensation if the customer has a role in it.
The rental revenue is regarded as earned income if the client takes part in management in some way. Rent may be collected from tenants as a simple approach. A self-employed firm may include rental revenue, however this is not always the case. A solo proprietorship does not include the rental property.
For such more question on Progressive tax.
https://brainly.com/question/1601662
#SPJ4
All of the following would require use of the equity method for investments except:
Multiple Choice
a. Material intra-entity transactions.
b. Investor participation in the policy-making process of the investee.
c. Valuation at fair value.
d. Technological dependency.
e. Interchange of managerial personnel.
The correct answer to the given question about the use of the equity method for investments except Valuation at fair value.
Fair value is the anticipated price at which an item will be bought or sold when the buyer and seller willingly agree on a price.. An individual or organization may look at real market transactions for comparable assets, project the asset's predicted earnings, and calculate the cost to replace the asset in order to ascertain the fair value of a good or financial investment. The anticipated price at which an item is bought or sold when the buyer and seller willingly agree on a price is referred to as fair value. By evaluating an asset's current market value, future growth potential, and replacement cost, the fair value of the asset can be determined.
To learn more about fair value click here
brainly.com/question/28240645
#SPJ4
At a student government fundraiser, a notebook costs $7 and a t-shirt costs $12. if the total received for 60 items was $540, how many notebooks were sold?
a. 24
b. 30
c. 36
d. 40
The price of a notebook is $7, while the price of a t-shirt is $12, during a student government fundraiser. If 60 products were sold for a total of $540, 36 notebooks were sold.
Explain about the Sales?A sale is a transaction in which commodities or services are exchanged for cash along with additional considerations. In other words, a sale is any action that involves giving the buyer ownership of a product in exchange for cash.
Sales refer to any transactions where money or value is exchanged for the right to own a good or access to a service, as utilised in regular company operations. In the context of accounting, sales refer to the revenue a business generates from the sale of goods or services (net sales).
Your sales team can complete a sales cycle by adhering to a series of critical steps known as a sales process.
Let x represent the quantity of sold notebooks and y represent the quantity of sold t-shirts. The following equations are then present:
x + y = 60 I ( i )
7x + 12y = 540 (ii)
Using the elimination procedure, we can find the values of x and y.
In order to remove x, we can multiply the first equation, x+ y =60, by -7and then add it to the second equation:
-7x - 7y = - 420
7x + 12y = 540
——————————-
0x +5y = 120
Next, multiply both sides by 6 to obtain y:
y = 120/ 5
y = 24
In order to obtain x, we can now enter y = 10 into the first equation:
x +24 =60
x = 60- 24
x = 36
To learn more about Sales refer to:
https://brainly.com/question/25743891
#SPJ4
On the basis of Maslow's hierarchy of needs,one would be LEAST likely to predict that a
A) starving person might sell his or her child to obtain food.
B) teacher with high self-esteem might seek a career change to use his or her abilities more fully.
C) successful business executive might show greater concern for his or her family relationships than for becoming president of his corporation.
D) prisoner might choose to die rather than betray his or her country.
One would be least likely to predict that a prisoner would choose death over betraying his or her nation based on Maslow's hierarchy of wants. So, the right answer would be option D.
Maslow's hierarchy of needs is a psychological theory of motivation that includes a five-tier model of human needs that is frequently represented as levels within a pyramid.
The needs include physiological (food and clothes), safety (work security), love and belonging needs (friendship), esteem, and self-actualization, going up the hierarchy in order.
Prior to addressing needs higher up the hierarchy, people must pay attention to those lower down.
Visit here to learn more about Maslow's hierarchy: https://brainly.com/question/24705156
#SPJ4
What is it called when a domestic firm buys part of a foreign company or partners with a foreign company to create a new business
An international partnership [ A joint venture is when a domestic company acquires a portion of a foreign company or teams up with a foreign company to form a new entity.]
When a company, multinational corporation, or individual from one nation invests in the assets of another nation or acquires an ownership stake in its businesses, this is known as "foreign direct investment" (FDI).
It makes sense for a business to expand globally once it is capable of successfully competing locally or even within a nation. Customers all over the world can learn more about a business's products and services thanks to global marketing.
To learn more about international partnership here:
https://brainly.com/question/28189582
#SPJ4
A state law that conflicts with the U.S. Constitution will be deemed unconstitutional under the Supremacy Clause
True False
The Supremacy Clause declares unlawful state laws that contradict the US Constitution. True
The United States of America, also referred to as the US or America, is a nation that is largely located in the continent of America. There are 326 Indian Reservations, 5 Significant Unincorporated Territories, 9 Minor Outlying Islands, and 50 States in the union. It is the third-largest country on earth in terms of total area and land. Its marine borders are shared by a number of countries, including Russia, Cuba, and the Bahamas. It is the most populated nation in the Americas and the third most populous nation worldwide with a population of more than 333 million. Washington, D.C., is the country's capital city and financial hub.
Learn more about United State from
brainly.com/question/25713078
#SPJ4
What is another term for free enterprise?
The another term for free enterprise is a free market.
What are some examples of successful free enterprise systems? Some examples of successful free enterprise systems include the United States, South Korea, and Japan. In the US, free enterprise has allowed for the development and growth of large companies such as Apple, Microsoft, and Amazon. South Korea has also been able to use free enterprise to become an economic powerhouse, creating huge conglomerates such as Samsung and LG. Japan has seen success in free enterprise, with large companies such as Toyota, Sony, and Honda. These companies have helped Japan become one of the largest economies in the world. Free enterprise has also allowed for the growth of small businesses, which in turn helps to create jobs and stimulate economic growth. In conclusion, free enterprise has been a successful system for many countries, allowing for the development of large companies as well as small businesses.To learn more about free enterprise system refer to:
https://brainly.com/question/20782413
#SPJ4
The Sarbanes-Oxley Act created the _____ to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing.
The Sarbanes-Oxley Act created the Public Company Accounting and Oversight Board (PCAOB) to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing.
What do accountants actually do?An accountant is a specialist who manages bookkeeping and organizes the financial records you use to run your company, including balance sheets, profit and loss statements, and more. They simplify all the financial jargon associated with running a business, audit your records, create reports for tax purposes, and more.
What three tasks do accountants perform?creating and keeping up with significant financial reports. preparing tax returns and guaranteeing timely and accurate payment of taxes. assessing financial processes in order to make recommendations for best practices, spot problems and develop remedies, and aid organizations in functioning effectively.
To know more about accounting visit-
https://brainly.com/question/13310721
#SPJ4
A customer buys 10M of Allied Corporation 8% debentures, M '28, at 90 on Wednesday, May 29th. The interest payment dates are Mar. 1st and Sept. 1st. The trade settled on Friday, June 1st. The customer will receive how many months of interest in the next payment
Bondholders get set semi-annual interest payments from the issuers for the previous 6-month period. The transfer of interest accrued by buyer to seller guarantees that each one receive the appropriate amount of interest
How would you define interest?The fee you spend to borrow the money or the fee you demand to lend money is called interest. The most common way to represent interest is as a yearly percentage of the loan amount. The rate of interest on the loan is this proportion.
Why is interest required to be paid?Motives Why Paying Interest There are several significant reasons why lenders require borrowers to pay interest. First off, when people borrow money, they are no longer able to utilise it to pay for their own purchases.
To know more about interest visit:
https://brainly.com/question/29480777
#SPJ4
Which of the following accounts will have an ending balance after the closing process is completed? A) Owner's Name, Withdrawals B) Rent Expense
Answer: The correct answer is B (Rent Expense)
Explanation:
At the end of every financial year, closing entries are passed for all expenses and income account. Other accounts including account of assets and liabilities are to be carried over to the next year. Hence they will not have an ending balance.
Rent expense is an interest account where income or expense will not contain any balance as all the nominal account are transferred to the trading and manufacturing account by passing the closing entries.
Fill in the missing information from the income statement. Hopewell Corporation Income Statement January 1 to December 31, 2020 (amounts in thousands) Revenue 7,700 Expenses Profit 1,900 What is the value for Expenses ?
Please specify your answer in the same units as the income statement.
Value for Expenses = Revenue – Profit
Expenses = 7700-1900
Expenses = 5800
When an asset is used to produce income, it loses value, and this is what is meant by an Expense. If the underlying asset will be used for an extended length of time, the expense will be deducted ratably over the asset's useful life. It is customary to charge an expense to expense as incurred if it is for something that will be consumed right away, like a salary.
If the cost of the asset purchase falls below the company's capitalization limit, it may be recorded as an Expense. The payment would have been recorded as an expense at a later time, when the asset was used, if the amount paid had exceeded the capitalization limit.
To learn more about Expense, please refer:
https://brainly.com/question/15892435
#SPJ4
What is the process of deciding which goods and services will be purchased or provided so that the most satisfaction can be obtained?
The concept mentioned is Economizing. It means trying to save money by reducing the amount that you are spending.
The process of deciding which goods and services to buy or to get the most satisfaction is called Economizing. You must maximize the value of your wealth.
Caring for the environment means you stop complaining about what you don't have and start making the most of what you have. Savings are a huge benefit as people think about where they can save on costs and most unnecessary expenses are eliminated in a way they wouldn't otherwise have.
So as you make decisions, you can see how it helps people sort through the mess that has been created everywhere in front of them. Resource conservation means using resources in such a way that the maximum return per unit of use is achieved.
To know more about Economizing,
brainly.com/question/28244992
brainly.com/question/15726197
#SPJ4
ften duties and taxes are imposed on cars that are imported from other countries. What types of incentives are these duties and taxes
Imported automobiles are subject to negative incentives and tariffs countries.
What do incentives signify in the business world?An object, valuable thing, desired action, or event is referred to as a "incentive" if it pushes an employee to engage in more of the activity that the employer wanted them to by way of the selected reward.
What kind of incentive would that be?Rewards and perks are used as incentives to encourage positive workplace habits. They take many different shapes, including paying for college, giving employees extra time off, and giving employers more flexibility.
To know more about incentive visit:
https://brainly.com/question/29789606
#SPJ4
Which activity is the clearest example of the evaluation step in the nursing process?
A. recognizing that the client’s blood pressure of 172/101 is an abnormal finding
B. checking the client’s blood pressure 30 minutes after administering captopril.
C. taking a client’s blood pressure on both arms at the beginning of a shift
D. giving the client a p.r.n. (as needed) dose of captopril (an antihypertensive) in light of this blood pressure reading
B. checking the client’s blood pressure 30 minutes after administering captopril is the clearest example of the evaluation step in the nursing process.
This is because it involves assessing the effectiveness of a specific intervention (administering captopril) in achieving a desired outcome (lowering blood pressure). Other activities, such as recognizing that a blood pressure reading is abnormal, taking a client's blood pressure on both arms, and administering a p.r.n. dose of captopril, are important steps in the nursing process, but they are not specifically focused on evaluating the effectiveness of an intervention.
Find more about Blood pressure
brainly.com/question/8465581
#SPJ4
What does zone of tolerance mean?
A zone of tolerance (ZOT) that represents the. range of IS service performance a customer would consider satisfactory
What is zone of tolerance?service to customers Instead than having just one expectation level, expectations have a variety of levels.The idea can be described as having a limited or broad perspective, depending on how wide the tolerance range is. According to some recent studies [9,10], a zone of tolerance should be regarded as "narrow" if its breadth is less than 20% of the point-of-scale being employed.Customers may accept variance within a range of performance, and any improvement in performance within this range will only have a minimal impact on perceptions. This is the significance of the zone of tolerance.Tolerance is a fair and objective attitude toward others, usually the result of a conscious effort on the part of the tolerant partyTo learn more about zone of tolerance refers to:
brainly.com/question/536619
#SPJ4
what applies technology to the activities in the order life cycle from inquiry to sale?
SCEM demand will skyrocket as more and more organizations begin to discover the benefits of real time supply chain monitoring. applies technology to the activities in the order life cycle from inquiry to sale.
Technology is the systematic, repeatable application of knowledge to the accomplishment of beneficial ends. The result of such an attempt is sometimes referred to as technology [1]. [2]: 117 [3] The use of technology is pervasive in many aspects of modern life, including science, business, communication, and transportation. Both tangible objects like tools or machinery and immaterial ones like software are considered technologies.As a result of countless technological advancements, society has evolved. The stone tool, which was used in the prehistoric age, is the oldest technology that is now known[4]. The adoption of fire followed, which contributed to the Ice Age proliferation of language and the human brain. [5] The invention of the wheel in the Bronze Age made it possible to move further.
Learn more about technology :
https://brainly.com/question/9171028
#SPJ4