Examlex

Solved

A(n) ________ Is a Measure That Individuals or Organizations Take

question 3

Multiple Choice

A(n) ________ is a measure that individuals or organizations take to block a threat from obtaining an asset.


Definitions:

Closing Journal Entries

Entries made at the end of an accounting period to transfer the balances in temporary accounts to permanent accounts, preparing the books for the next period.

Dividends

Funds distributed to shareholders by a company, typically from its earnings.

Retained Earnings

The portion of a business's profits not distributed to shareholders but reinvested in the business or kept as a reserve.

Net Loss

The amount by which total expenses exceed total incomes for a business over a specific period, indicating a negative financial performance.

Related Questions