The Two Main Types of Software Are System Software and ________

question 22

Short Answer

The two main types of software are system software and ________ software.

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Definitions:

Journal Entry

A record in accounting that notes a specific financial transaction in a company's general ledger.

Revenue

Revenue is the total amount of money earned by a company from its business activities, such as sales of goods or services, before any expenses are subtracted.

Revenue Recognition

The accounting principle that dictates the specific conditions under which income becomes recognized as revenue and is reported in the financial statements.

Accounting Records

Documentation and books that contain the financial transactions and financial status of a company.