A _________ Is a Value in a Formula That Does

question 33

Short Answer

A _________ is a value in a formula that does not change.
A)constant
B)derivative
C)standard
D)function

• A)constant
• B)derivative
• C)standard
• D)function

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Definitions:

Journal Entry

A record in the books of accounts that reflects the details of a financial transaction, including the accounts affected, date, and amounts.

Gross Accounts Receivable Approach

A method that estimates the total amount to be received from customers, without deducting expected bad debts.

Unadjusted Year End

The fiscal year-end date prior to any adjustments made for accounting purposes.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal, used to ensure the accounting system's mathematical accuracy.