________ Is a Segment of Technology Which Uses Computers and Telecommunication

question 25

Multiple Choice

________ is a segment of technology which uses computers and telecommunication devices that focus on the use of information in the performance of work.

• A)Information technology
• B)Controlling technology
• C)Corporate technology
• D)Strategic planning technology
• E)Management technology

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Definitions:

Adjusted Trial Balance

A list of all account balances in the general ledger after adjustments, used to prepare financial statements and ensure the accuracy of the accounts.

Income Statement

The income statement, also known as a profit and loss statement, provides a summary of a company's revenues, costs, and expenses incurred during a specific period, illustrating the company's financial performance.

Statement of Retained Earnings

A financial document that summarizes the changes in retained earnings for a specific period, factoring in net income and dividends paid.

Adjusted Trial Balance

A list of all accounts and their final balances after adjusting entries have been made, used to prepare financial statements.