Having Backup Systems or Components in Case of Failure Is

question 26

Multiple Choice

Having backup systems or components in case of failure is a called:

• A) Designing out fail points
• B) Building in redundancy
• C) Fail-safing
• D) Poka-yoke

Understand how to prepare an income statement using information from an income statement column in a worksheet.

Analyze and categorize different types of accounts, their normal balances, and the financial statements they appear in.

Learn how to prepare a balance sheet from balance sheet columns in a worksheet.

Apply adjustment entries for depreciation, supplies, prepaid insurance, and wages to update a worksheet.

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Definitions:

Doctrine

A principle or body of principles presented for acceptance or belief, as by a religious, philosophical, scientific, or political group.

Independent Contractors

Individuals or entities that perform work for others under a contract for services, maintaining control over how the work is completed, rather than functioning as employees.

Co-workers

Individuals who work together in the same organization or workplace.

Negligent

Failure to take proper care in doing something, leading to damage or harm to another person.