A Qbb Extension on a File Name Means That the File

question 7

Multiple Choice

A .qbb extension on a file name means that the file is_____ .

• A)a backup file
• B)the working file
• C)a restored file
• D)open

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Definitions:

Paid

Refers to the status of an account or invoice on which the due amount has been settled.

Adjusting Entry

A journal entry made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period of time, illustrating the company's financial performance.

Supplies

Items used in the daily operations of a business, such as office or cleaning supplies, not directly tied to the products or services sold.