When Data Is Processed into a Meaningful Form, It Becomes

question 18

Multiple Choice

When data is processed into a meaningful form, it becomes ____.

• A) information
• B) code
• C) a program
• D) a database

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Definitions:

Operating Activities Section

This section of a financial statement details the revenues and expenses directly related to the core business operations.

Mortgage

A type of loan secured by real property, typically used to purchase property or which existing property owners use to raise funds.

Financing Activities

Financing activities are transactions related to raising capital and repaying borrowed funds, such as issuing stocks or bonds, and are reported in the cash flow statement.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.