Fill in the Blank with One of the Words or Phrases

question 195

Multiple Choice

Fill in the blank with one of the words or phrases listed below. $$\begin{array} { l l l l } \text { general term } & \text { common difference } & \text { finite sequence } & \text { common ratio } \\\text { Pascal's triangle } & \text { infinite sequence } & \text { factorial of } \mathbf { n } & \text { series } \\\text { geometric sequence } & \text { arithmetic sequence } & &\end{array}$$
-A triangular array of the coefficients of the terms of the expansion of (a + b) ⁿ is called ------------.

• A) series
• B) Pascal's triangle
• C) infinite sequence
• D) factorial of n

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Definitions:

Revaluation

The process of adjusting the carrying value of an asset or liability to reflect its current market value.

Journal Entries

Records that detail all the financial transactions of a business, used in the double-entry bookkeeping system.

Accounting Standards for Private Enterprises

Specific accounting guidelines tailored for private companies to ensure transparency, comparability, and clarity in financial reporting.

Dividends

Distributions of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.