MVC Stands for _______

question 20

Multiple Choice

MVC stands for _______.

• A)modules-variables-constants"
• B)module-variables-connections"
• C)model-view-connection"
• D)model-view-controller"

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting guidelines providing a global framework for financial statements.

Deferral Method

An accounting procedure that postpones the recognition of certain income or expenses until a later accounting period.

Financial Statements

Reports that provide an overview of a company's financial condition, including income statement, balance sheet, statement of cash flows, and statement of changes in equity.

Capital Assets

Long-term assets that a business uses in its operations and that are not intended for resale, such as property, plant, and equipment.