James Travels for Business and Is Always Worried That His

question 43

Multiple Choice

James travels for business and is always worried that his laptop will be taken from his room.  
Which type of device will ensure that James's laptop will not be stolen while he travels?

• A) Server lock
• B) USB lock
• C) Padlock
• D) Cable lock

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Definitions:

Unearned Revenues

Money received by a company for services or goods yet to be provided or delivered, recorded as a liability.

Revenues

Inflows of assets or settlements of liabilities from the company's primary operations, typically from sales of goods or services.

Debits

Accounting entries that increase assets or expenses or decrease liabilities, equity, and revenue.

Double-entry Accounting System

An accounting technique which records each transaction as both a credit and a debit in different accounts, ensuring the accounting equation remains balanced.