Business Intelligence Is a Computer Literacy Skill

question 47

True/False

Business intelligence is a computer literacy skill.

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Definitions:

Ledger

A comprehensive collection of a company's accounts, in which transactions are recorded from the journal and summarized, showing current balances.

Net Income

The net income of a business once all costs and taxes are subtracted from its revenues.

Transactions

Economic events that require recording in the financial statements because they affect assets, liabilities, or equity.

Common Stock

A type of equity security representing ownership in a corporation, entitling holders to vote on corporate matters and receive dividends.