On the Darknet, Prices Are Listed in ______ and Are

question 40

Multiple Choice

On the darknet, prices are listed in ______ and are shipped to remote addresses or P.O. boxes.

• A) dollars and cents
• B) euros
• C) bitcoins
• D) pesos

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby resetting the temporary accounts for the next period.

Post-Closing Trial Balance

A listing of all balance sheet accounts with balances after closing entries are made, used to verify the equality of debits and credits.

Current Ratio

A financial metric comparing a company's current assets to its current liabilities to assess liquidity.

Short-Term Solvency

A company's ability to meet its short-term obligations, often assessed using liquidity ratios.