An Object on a Form or Report Is Called A(n)________

question 32

Short Answer

An object on a form or report is called a(n)________.

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Definitions:

Current Liabilities

Financial liabilities of a business that are to be settled within the next 12 months.

Current Assets

Resources anticipated to be transformed into cash, disposed of, or utilized within a year or during the normal operating cycle of a company.

Financial Leverage

The use of borrowed funds to increase potential return on investment.

Operating Cash Flows

The cash generated from the normal operations of a business, including the production and sale of goods or services.