The Unit of Measurement Used to Describe the Amount of Electric

question 6

True/False

The unit of measurement used to describe the amount of electric current flowing through a circuit is called ampere.

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Definitions:

Earned

Refers to income or revenue that a company has generated from its operations or business activities.

Adjustments

Records documented in the financial accounts at the end of a fiscal period to distribute revenues and expenses to the timeframe in which they were truly incurred.

Asset

An economic resource owned or controlled by a company that is expected to provide future benefits.

Liability Account

An accounting record that tracks obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits.