__________ Refers to the Physical Components That a Computer Is

question 32

Multiple Choice

__________ refers to the physical components that a computer is made of.

• A) The device
• B) Hardware
• C) Software
• D) The system

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Definitions:

Analyzing Transactions

The process of examining financial transactions to determine their impact on the financial status of an entity.

Ledger

A detailed financial statement showing all the transactions of a business, used to compile the financial statements.

Unadjusted Trial Balance

A list of all the general ledger accounts and their balances at a specific time before any adjusting entries are made.

Accounting Cycle

The collective process of recording and processing all financial transactions of a company, from when the transaction occurs, to its representation on financial statements, followed by closure of accounts.