_________ Is an International Standard Widely Adopted in the U

question 84

Short Answer

_________ is an international standard widely adopted in the U.S.A.,Europe,and Asia that supports fast cellphone data transfer rate; this standard has not been adopted yet by all carriers.

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Definitions:

Income Summary

An account in which the revenues and expenses are summarized during the closing process, used to transfer net income or loss to owner's equity.

Net Income

The net income a company earns once all costs and taxes are deducted from its total revenues.

Rent Expense

Costs incurred from leasing property or equipment for business operations.

Worksheet

A financial document used by accountants to prepare adjusting entries and end-of-period financial statements.